Sheryl Palmer - 16 Nov 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
Issuer symbol
TMHC
Transactions as of
16 Nov 2021
Net transactions value
-$996,929
Form type
4
Filing time
17 Nov 2021, 17:29:03 UTC
Previous filing
16 Nov 2021
Next filing
19 Nov 2021
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TMHC Common Stock Options Exercise $1,315,427 +70,231 +33% $18.73 282,053 16 Nov 2021 Direct
transaction TMHC Common Stock Sale $2,312,356 -70,231 -25% $32.92 211,822 16 Nov 2021 Direct F1, F2

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 -70,231 -97% $0.000000 2,199 16 Nov 2021 Common Stock 70,231 $18.73 Direct F3
* 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 $33.30, 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 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.