Christopher J. Yip - May 25, 2023 Form 4 Insider Report for Taylor Morrison Home Corp (TMHC)

Role: Director
Signature: /s/ Darrell Sherman, as Attorney-in-Fact
Stock symbol: TMHC
Transactions as of: May 25, 2023
Transactions value $: $0
Form type: 4
Date filed: 5/30/2023, 07:46 PM
Previous filing: Apr 3, 2023
Next filing: Jun 30, 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	Deferred Stock Units	Award		+4.04K	+93.74%		8.35K	May 25, 2023	Common Stock	4.04K		Direct	F1, F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Each deferred stock unit represents a contingent right to receive one share of Common Stock. The deferred stock units shall be vested upon the earlier of (i) the first anniversary of the date of grant and (ii) the date of the Company's annual meeting of stockholders immediately following the date of grant. The deferred stock units will be settled in shares of Common Stock upon the earlier of (i) September 1, 2025, (ii) the reporting person's separation from service on the Company's board of directors, or (iii) a change in control.
F2	The deferred stock units were acquired by Mr. Yip pursuant to the terms of the Company's Non-Employee Director Deferred Compensation Plan, under which directors may elect to defer all or a portion of their cash retainer and committee fees.

Content

Each deferred stock unit represents a contingent right to receive one share of Common Stock. The deferred stock units shall be vested upon the earlier of (i) the first anniversary of the date of grant and (ii) the date of the Company's annual meeting of stockholders immediately following the date of grant. The deferred stock units will be settled in shares of Common Stock upon the earlier of (i) September 1, 2025, (ii) the reporting person's separation from service on the Company's board of directors, or (iii) a change in control.

The deferred stock units were acquired by Mr. Yip pursuant to the terms of the Company's Non-Employee Director Deferred Compensation Plan, under which directors may elect to defer all or a portion of their cash retainer and committee fees.