Sheryl Palmer - Nov 12, 2021 Form 4 Insider Report for Taylor Morrison Home Corp (TMHC)

Role
Chairman, President and CEO, Director
Signature
/s/ Darrell Sherman, as Attorney-in-Fact
Stock symbol
TMHC
Transactions as of
Nov 12, 2021
Transactions value $
-$410,852
Form type
4
Date filed
11/16/2021, 03:02 PM
Previous filing
Nov 10, 2021
Next filing
Nov 17, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TMHC Common Stock Options Exercise $171K +9.12K +4.3% $18.73 221K Nov 12, 2021 Direct
transaction TMHC Common Stock Sale -$296K -9.12K -4.13% $32.51 212K Nov 12, 2021 Direct F1, F2
transaction TMHC Common Stock Options Exercise $387K +20.7K +9.75% $18.73 232K Nov 15, 2021 Direct
transaction TMHC Common Stock Sale -$672K -20.7K -8.88% $32.54 212K Nov 15, 2021 Direct F1, F3

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 Employee Stock Option (Right to buy) Options Exercise $0 -9.12K -8.92% $0.00 93.1K Nov 12, 2021 Common Stock 9.12K $18.73 Direct F4
transaction TMHC Employee Stock Option (Right to buy) Options Exercise $0 -20.7K -22.19% $0.00 72.4K Nov 15, 2021 Common Stock 20.7K $18.73 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 This transaction was effected pursuant to a Rule 10b5-1 Plan entered into by the reporting person on June 7, 2021. Accordingly, the reporting person had no discretion with regard to the timing of the transaction.
F2 The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $32.50 to $32.55, inclusive. The reporting person undertakes to provide to the staff of the Securities and Exchange Commission, to any security holder of Taylor Morrison Home Corporation, or to Taylor Morrison Home Corporation, upon request, full information regarding the number of shares sold at each separate price within the range set forth above.
F3 The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $32.50 to $32.78, inclusive. The reporting person undertakes to provide to the staff of the Securities and Exchange Commission, to any security holder of Taylor Morrison Home Corporation, or to Taylor Morrison Home Corporation, upon request, full information regarding the number of shares sold at each separate price within the range set forth above.
F4 On February 9, 2015, the Reporting Person was granted 102,199 options vesting in four equal installments on each of February 9, 2016, February 9, 2017, February 9, 2018 and February 9, 2019.