David C. Merritt - May 26, 2021 Form 4 Insider Report for Taylor Morrison Home Corp (TMHC)

Role
Director
Signature
/s/ Darrell Sherman, as Attorney-in-Fact
Stock symbol
TMHC
Transactions as of
May 26, 2021
Transactions value $
$0
Form type
4
Date filed
5/28/2021, 09:22 PM
Previous filing
May 12, 2021
Next filing
Apr 28, 2022

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 TMHC Deferred Stock Units Award +4.74K +11.4% 46.3K May 26, 2021 Common Stock 4.74K Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each deferred stock unit represents a contingent right to receive one share of Common Stock. The deferred stock units vest one year from the date of grant. The deferred stock units will be settled in shares of Common Stock upon the earlier of the reporting person's separation from service on the Company's board of directors or a change in control.
F2 The deferred stock units were acquired by Mr. Merritt pursuant to the terms of the Company's Non-Employee Director Deferred Compensation Plan, under which directors may elect to defer their annual equity award granted pursuant to the Taylor Morrison 2013 Omnibus Equity Award Plan, as amended.