Joseph Terracciano - Feb 21, 2023 Form 4 Insider Report for Taylor Morrison Home Corp (TMHC)

Signature
/s/ Joseph Terracciano
Stock symbol
TMHC
Transactions as of
Feb 21, 2023
Transactions value $
-$5,777
Form type
4
Date filed
2/23/2024, 04:05 PM
Previous filing
Feb 22, 2023
Next filing
Feb 26, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TMHC Common Stock Options Exercise +322 +63.64% 828 Feb 21, 2024 Direct F1
transaction TMHC Common Stock Tax liability -$5.78K -104 -12.56% $55.55 724 Feb 21, 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 Award +968 968 Feb 21, 2023 Common Stock 968 Direct F3, F4, F5
transaction TMHC Restricted Stock Units Options Exercise -322 -33.26% 646 Feb 21, 2024 Common Stock 322 Direct F1, F4, F5
* 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 Each RSU represents a contingent right to receive one share of Common Stock.
F4 On February 21, 2023, the Reporting Person was granted 968 RSUs, generally vesting in three installments of approximately 33 1/3% on each of February 21, 2024, February 21, 2025 and February 21, 2026.
F5 The RSUs were granted to the Reporting Person pursuant to the Taylor Morrison 2013 Omnibus Equity Award Plan, as amended.