Darrell Sherman - Feb 23, 2024 Form 4 Insider Report for Taylor Morrison Home Corp (TMHC)

Signature
/s/ Darrell Sherman
Stock symbol
TMHC
Transactions as of
Feb 23, 2024
Transactions value $
$0
Form type
4
Date filed
2/26/2024, 06:01 PM
Previous filing
Feb 23, 2024
Next filing
Feb 27, 2024

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 Employee Stock Option (Right to Buy) Award +5.16K 5.16K Feb 23, 2024 Common Stock 5.16K $56.48 Direct F1, F2
transaction TMHC Restricted Stock Units Award +5.67K 5.67K Feb 23, 2024 Common Stock 5.67K Direct F3, F4, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Subject to certain conditions, the options will generally vest in four equal installments of 25% on each of February 23, 2025, February 23, 2026, February 23, 2027 and February 23, 2028.
F2 The options were granted to the Reporting Person in accordance with the Taylor Morrison 2013 Omnibus Equity Award Plan, as amended (the "Equity Plan").
F3 Each restricted stock unit ("RSU") represents a contingent right to receive one share of Common Stock.
F4 Subject to certain conditions, the RSUs will generally vest in three installments of approximately 33 1/3% on each of February 23, 2025, February 23, 2026 and February 23, 2027.
F5 The RSUs were granted to the Reporting Person in accordance with the Equity Plan.