Darrell Sherman - Feb 10, 2023 Form 4 Insider Report for Taylor Morrison Home Corp (TMHC)

Role
EVP, CLO & Secretary
Signature
/s/ Darrell Sherman
Stock symbol
TMHC
Transactions as of
Feb 10, 2023
Transactions value $
-$75,142
Form type
4
Date filed
2/14/2023, 05:56 PM
Previous filing
Feb 10, 2023
Next filing
Feb 21, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TMHC Common Stock Options Exercise +3.86K +3.84% 104K Feb 10, 2023 Direct F1
transaction TMHC Common Stock Tax liability -$38.5K -1.07K -1.03% $35.85 103K Feb 10, 2023 Direct F2
transaction TMHC Common Stock Options Exercise +3.67K +3.55% 107K Feb 11, 2023 Direct F1
transaction TMHC Common Stock Tax liability -$36.6K -1.02K -0.96% $35.85 106K Feb 11, 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 -3.86K -100% 0 Feb 10, 2023 Common Stock 3.86K Direct F1, F3, F4
transaction TMHC Restricted Stock Units Options Exercise -3.67K -33.33% 7.34K Feb 11, 2023 Common Stock 3.67K 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 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.
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 11,004 RSUs, generally vesting in three installments of approximately 33 1/3% on each of February 11, 2023, February 11, 2024 and February 11, 2025.