Darrell Sherman - 10 Feb 2022 Form 4 Insider Report for Taylor Morrison Home Corp (TMHC)

Source evidence Original filing metadata and source links for verification. 5 source fields
SEC form
4
Accepted by SEC
14 Feb 2022, 17:17:20 UTC
Prior SEC filing
22 Mar 2022
Next SEC filing
18 Feb 2022
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Darrell Sherman

Key filing fact

Darrell Sherman filed Form 4 for Taylor Morrison Home Corp (TMHC) on 14 Feb 2022.

Key facts

  • This page summarizes Darrell Sherman's Form 4 filing for Taylor Morrison Home Corp (TMHC).
  • 5 reported transactions and 3 derivative rows are listed below.
  • Accepted by SEC: 14 Feb 2022, 17:17.

Change

  • Previous filing in this sequence was filed on 22 Mar 2022.
  • Current net transaction value: -$39,182.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

TMHC transaction

Common Stock

Options Exercise

Transaction value
Shares
+3,856
Change %
+4%
Price
Shares after
101,240
Date
10 Feb 2022
Ownership
Direct
Footnotes
F1
TMHC transaction

Common Stock

Tax liability

Transaction value
$39,182
Shares
-1,330
Change %
-1.3%
Price
$29.46
Shares after
99,910
Date
10 Feb 2022
Ownership
Direct
Footnotes
F2

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

TMHC transaction Derivative

Restricted Stock Units

Options Exercise

Transaction value
Shares
-3,856
Change %
-50%
Price
Shares after
3,856
Date
10 Feb 2022
Ownership
Direct
Underlying class
Common Stock
Underlying amount
3,856
Exercise price
Footnotes
F1, F3, F4
TMHC transaction Derivative

Employee Stock Option (Right to Buy)

Award

Transaction value
Shares
-16,227
Change %
-50%
Price
Shares after
16,227
Date
11 Feb 2022
Ownership
Direct
Underlying class
Common Stock
Underlying amount
16,227
Exercise price
$29.08
Footnotes
F5, F6
TMHC transaction Derivative

Restricted Stock Units

Award

Transaction value
Shares
-11,004
Change %
-50%
Price
Shares after
11,004
Date
11 Feb 2022
Ownership
Direct
Underlying class
Common Stock
Underlying amount
11,004
Exercise price
Footnotes
F7, F8, F9
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 9 footnotes

Footnote F1

Represents settlement of restricted stock units ("RSUs") through the issuance of one share of Common Stock for each vested RSU.

Footnote F2

Represents shares of Common Stock withheld by the Issuer to cover tax withholding obligations upon the vesting of RSUs.

Footnote F3

On February 10, 2020, the Reporting Person was granted 11,568 RSUs, generally vesting in three installments of approximately 33 1/3% on each of February 10, 2021, February 10, 2022 and February 10, 2023.

Footnote F4

The RSUs were granted to the Reporting Person pursuant to the Taylor Morrison 2013 Omnibus Equity Award Plan, as amended (the "Equity Plan").

Footnote F5

Subject to certain conditions, the options will generally vest in four equal installments of 25% on each of February 11, 2023, February 11, 2024, February 11, 2025 and February 11, 2026.

Footnote F6

The options were granted to the Reporting Person in accordance with the Equity Plan.

Footnote F7

Each RSU represents a contingent right to receive one share of Common Stock.

Footnote F8

Subject to certain conditions, the RSUs will generally vest in three installments of approximately 33 1/3% on each of February 11, 2023, February 11, 2024 and February 11, 2025.

Footnote F9

The RSUs were granted to the Reporting Person in accordance with the Equity Plan.

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