Sheryl Palmer - 16 Feb 2024 Form 4 Insider Report for Taylor Morrison Home Corp (TMHC)

Role
Chairman, President and CEO, Director
Signature
/s/ Darrell Sherman, as Attorney-in-Fact
Issuer symbol
TMHC
Transactions as of
16 Feb 2024
Net transactions value
-$593,380
Form type
4
Filing time
20 Feb 2024, 19:04:12 UTC
Previous filing
14 Feb 2024
Next filing
23 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 +25,895 +6.2% 443,246 16 Feb 2024 Direct F1
transaction TMHC Common Stock Tax liability $593,380 -10,838 -2.4% $54.75 432,408 16 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 -25,895 -100% 0 16 Feb 2024 Common Stock 25,895 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 16, 2021, the Reporting Person was granted 77,684 RSUs, generally vesting in three installments of approximately 33 1/3% on each of February 16, 2022, February 16, 2023 and February 16, 2024.
F4 The RSUs were granted to the Reporting Person pursuant to the Taylor Morrison 2013 Omnibus Equity Award Plan, as amended.