Darrell Sherman - Feb 21, 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 21, 2023
Transactions value $
$0
Form type
4
Date filed
2/23/2023, 04:19 PM
Previous filing
Feb 22, 2023
Next filing
May 18, 2023

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) Award -11.1K -50% 11.1K Feb 21, 2023 Common Stock 11.1K $34.75 Direct F1, F2
transaction TMHC Restricted Stock Units Award -9.21K -50% 9.21K Feb 21, 2023 Common Stock 9.21K Direct F3, F4, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Subject to certain conditions, the options will generally vest in four equal installments of 25% on each of February 21, 2024, February 21, 2025, February 21, 2026 and February 21, 2027.
F2 The options were granted to the Reporting Person in accordance with the Taylor Morrison 2013 Omnibus Equity Award Plan, as amended (the "Equity Plan").
F3 Each restricted stock unit ("RSU") represents a contingent right to receive one share of Common Stock.
F4 Subject to certain conditions, the RSUs will generally vest in three installments of approximately 33 1/3% on each of February 21, 2024, February 21, 2025 and February 21, 2026.
F5 The RSUs were granted to the Reporting Person in accordance with the Equity Plan.