Phillippe Lord - Feb 20, 2023 Form 4 Insider Report for Meritage Homes CORP (MTH)

Signature
/s/ Alison Sasser, attorney-in-fact for Phillippe Lord
Stock symbol
MTH
Transactions as of
Feb 20, 2023
Transactions value $
$0
Form type
4
Date filed
2/22/2023, 03:33 PM
Previous filing
Feb 3, 2023
Next filing
Feb 23, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MTH MTH Common Shares Award $0 +18.8K +52.4% $0.00 54.6K Feb 20, 2023 Direct F1, F2
transaction MTH MTH Common Stock Options Exercise $0 +21.4K +48.68% $0.00 65.3K Feb 21, 2023 Direct F3, F4
holding MTH M/TH COMMON STOCK 46.7K Feb 20, 2023 Limited Partnership 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 -21.4K -100% $0.00* 0 Feb 21, 2023 MTH Common Shares 21.4K $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 will fully vest on the third anniversary of the date of grant.
F2 Balance represents restricted stock units not vested.
F3 Represents vesting of performance-based 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 All shares are held in a family limited partnership controlled by Mr. Lord.