Steven J. Hilton - 28 Feb 2022 Form 4 Insider Report for Meritage Homes CORP (MTH)

Role
Executive Chairman, Director
Signature
/s/ Alison Sasser, attorney-in-fact for Steven J. Hilton
Issuer symbol
MTH
Transactions as of
28 Feb 2022
Net transactions value
$0
Form type
4
Filing time
02 Mar 2022, 12:02:25 UTC
Previous filing
10 Feb 2022
Next filing
04 Mar 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MTH MTH Common Stock Award $0 +5,072 +17% $0.000000 35,078 28 Feb 2022 Direct F1, F2
transaction MTH MTH Common Stock Options Exercise $0 +18,831 +5.5% $0.000000 358,800 01 Mar 2022 HELD IN TRUST F3
transaction MTH MTH Common Stock Award $0 +40,267 +11% $0.000000 399,067 01 Mar 2022 HELD IN TRUST F3, F4, F5

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 -18,831 -100% $0.000000* 0 01 Mar 2022 MTH Common Shares 18,831 $0.000000 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.
F5 17,000 shares are held in a charitable remainder trust controlled by Mr. Hilton