Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
transaction | TMHC | Deferred Stock Units | Award | +487 | +5.83% | 8.84K | Jun 30, 2023 | Common Stock | 487 | Direct | F1, F2 |
Id | Content |
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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. |