Sheryl Palmer - 10 Feb 2023 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
10 Feb 2023
Net transactions value
-$699,183
Form type
4
Filing time
14 Feb 2023, 17:55:55 UTC
Previous filing
01 Feb 2023
Next filing
21 Feb 2023
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 +20,295 +6.9% 316,347 10 Feb 2023 Direct F1
transaction TMHC Common Stock Tax liability $311,787 -8,697 -2.7% $35.85 307,650 10 Feb 2023 Direct F2
transaction TMHC Common Stock Options Exercise +25,217 +8.2% 332,867 11 Feb 2023 Direct F1
transaction TMHC Common Stock Tax liability $387,395 -10,806 -3.2% $35.85 322,061 11 Feb 2023 Direct 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 Restricted Stock Units Options Exercise -20,295 -100% 0 10 Feb 2023 Common Stock 20,295 Direct F1, F3, F4
transaction TMHC Restricted Stock Units Options Exercise -25,217 -33% 50,436 11 Feb 2023 Common Stock 25,217 Direct F1, F4, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents settlement of restricted stock units ("RSUs") through the issuance of one share of Common Stock for each vested RSU.
F2 Represents shares of Common Stock withheld by the Issuer to cover tax withholding obligations upon the vesting of RSUs.
F3 On February 10, 2020, the Reporting Person was granted 60,883 RSUs, generally vesting in three installments of approximately 33 1/3% on each of February 10, 2021, February 10, 2022 and February 10, 2023.
F4 The RSUs were granted to the Reporting Person pursuant to the Taylor Morrison 2013 Omnibus Equity Award Plan, as amended (the "Equity Plan").
F5 On February 11, 2022, the Reporting Person was granted 75,653 RSUs, generally vesting in three installments of approximately 33 1/3% on each of February 11, 2023, February 11, 2024 and February 11, 2025.