Sheryl Palmer - Jan 26, 2023 Form 4 Insider Report for Taylor Morrison Home Corp (TMHC)

Signature
/s/ Darrell Sherman, as Attorney-in-Fact
Stock symbol
TMHC
Transactions as of
Jan 26, 2023
Transactions value $
-$2,277,148
Form type
4
Date filed
1/27/2023, 03:02 PM
Previous filing
Jan 19, 2023
Next filing
Feb 1, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TMHC Common Stock Options Exercise $1.13M +99.7K +33.68% $11.30* 396K Jan 26, 2023 Direct
transaction TMHC Common Stock Sale -$3.4M -99.7K -25.19% $34.14 296K Jan 26, 2023 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 -99.7K -70.72% $0.00 41.3K Jan 26, 2023 Common Stock 99.7K $11.30 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 13, 2022. 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 $34.00 to $34.38, 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 ("TMHC"), or to TMHC, upon request, full information regarding the number of shares sold at each separate price within the range set forth above.
F3 On February 8, 2016, the reporting person was granted 239,071 options vesting in four equal installments on each of February 8, 2017, February 8, 2018, February 8, 2019 and February 8, 2020.