Darrell Sherman - 11 Feb 2024 Form 4 Insider Report for Taylor Morrison Home Corp (TMHC)

Role
EVP, CLO & Secretary
Signature
/s/ Darrell Sherman
Issuer symbol
TMHC
Transactions as of
11 Feb 2024
Transactions value $
-$58,654
Form type
4
Date filed
14 Feb 2024, 09:18
Previous filing
18 Dec 2023
Next filing
20 Feb 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TMHC Common Stock Options Exercise +3.67K +3.2% 118K 11 Feb 2024 Direct F1
transaction TMHC Common Stock Tax liability -$58.7K -1.09K -0.92% $53.91 117K 11 Feb 2024 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 -3.67K -50% 3.67K 11 Feb 2024 Common Stock 3.67K Direct F1, F3, F4
* 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 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.
F4 The RSUs were granted to the Reporting Person pursuant to the Taylor Morrison 2013 Omnibus Equity Award Plan, as amended (the "Equity Plan").