Louis Steffens - Mar 23, 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
Mar 23, 2023
Transactions value $
-$178,329
Form type
4
Date filed
3/27/2023, 06:12 PM
Previous filing
Mar 10, 2023
Next filing
Apr 3, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TMHC Common Stock Options Exercise $89.4K +3.75K +5.7% $23.84 69.5K Mar 23, 2023 Direct
transaction TMHC Common Stock Sale -$141K -3.75K -5.39% $37.56 65.8K Mar 23, 2023 Direct F1, F2
transaction TMHC Common Stock Options Exercise $88.9K +4.89K +7.43% $18.18 70.7K Mar 23, 2023 Direct
transaction TMHC Common Stock Sale -$184K -4.89K -6.92% $37.56 65.8K Mar 23, 2023 Direct F1, F3
transaction TMHC Common Stock Options Exercise $74.9K +2.85K +4.33% $26.28 68.6K Mar 23, 2023 Direct
transaction TMHC Common Stock Sale -$107K -2.85K -4.15% $37.57 65.8K Mar 23, 2023 Direct F1, F4

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 -3.75K -18.93% $0.00 16K Mar 23, 2023 Common Stock 3.75K $23.84 Direct F5
transaction TMHC Employee Stock Option (Right to Buy) Options Exercise $0 -4.89K -17.5% $0.00 23K Mar 23, 2023 Common Stock 4.89K $18.18 Direct F6
transaction TMHC Employee Stock Option (Right to Buy) Options Exercise $0 -2.85K -9.66% $0.00 26.6K Mar 23, 2023 Common Stock 2.85K $26.28 Direct F7
* 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 February 21, 2023. 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 $37.47 to $37.81, inclusive. The reporting person undertakes to provide to the staff of the Securities and Exchange Commission (the "SEC"), 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 The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $37.47 to $37.79, inclusive. The reporting person undertakes to provide to the staff of the SEC, to any security holder of TMHC, or to TMHC, upon request, full information regarding the number of shares sold at each separate price within the range set forth above.
F4 The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $37.47 to $37.83, inclusive. The reporting person undertakes to provide to the staff of the SEC, to any security holder of TMHC, or to TMHC, upon request, full information regarding the number of shares sold at each separate price within the range set forth above.
F5 On February 12, 2018, the reporting person was granted 39,593 options vesting in four equal installments on each of February 12, 2019, February 12, 2020, February 12, 2021 and February 12, 2022.
F6 On February 19, 2019, the reporting person was granted 55,851 options vesting in four equal installments on each of February 19, 2020, February 19, 2021, February 19, 2022 and February 19, 2023.
F7 On February 10, 2020, the reporting person was granted 29,494 options vesting in four equal installments on each of February 10, 2021, February 10, 2022, February 10, 2023 and February 10, 2024.