Javier Feliciano - Feb 28, 2022 Form 4 Insider Report for Meritage Homes CORP (MTH)

Role: EVP Chief People Officer
Signature: /s/ Alison Sasser, attorney-in-fact for Javier Feliciano
Stock symbol: MTH
Transactions as of: Feb 28, 2022
Transactions value $: $0
Form type: 4
Date filed: 3/2/2022, 11:59 AM
Next filing: Mar 4, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	MTH	MTH Common Shares	Award	$0	+2.73K	+45.71%	$0.00	8.69K	Feb 28, 2022	Direct	F1, F2
transaction	MTH	MTH Common Stock	Options Exercise	$0	+2.29K	+16.31%	$0.00	16.3K	Mar 1, 2022	Direct	F3
transaction	MTH	MTH Common Stock	Award	$0	+4.89K	+29.99%	$0.00	21.2K	Mar 1, 2022	Direct	F3, F4

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	MTH	Performance Rights	Options Exercise	$0	-2.29K	-100%	$0.00^*	0	Mar 1, 2022	MTH Common Shares	2.29K	$0.00	Direct	F3

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Represents grant of restricted share units. The shares were granted according to a three-year cliff vesting schedule.
F2	Balance represents restricted stock units not vested.
F3	Represents vesting of restricted stock units upon achievement of pre-specified performance targets.
F4	Balance reflects all other holdings, including restricted stock units that have previously vested.