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

Role: Chief Financial Officer
Signature: /s/ Alison Sasser, attorney-in-fact for Hilla Sferruzza
Stock symbol: MTH
Transactions as of: Feb 20, 2023
Transactions value $: $0
Form type: 4
Date filed: 2/22/2023, 03:34 PM
Previous filing: Dec 13, 2022
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	+6.72K	+43.85%	$0.00	22K	Feb 20, 2023	Direct	F1, F2
transaction	MTH	MTH Common Stock	Options Exercise	$0	+12.7K	+24.7%	$0.00	64.3K	Feb 21, 2023	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	-12.7K	-100%	$0.00^*	0	Feb 21, 2023	MTH Common Shares	12.7K	$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.