Thomas J. Mitchell - Feb 16, 2022 Form 4 Insider Report for Tri Pointe Homes, Inc. (TPH)

Role
President and COO
Signature
/s/ Glenn J. Keeler, attorney-in-fact
Stock symbol
TPH
Transactions as of
Feb 16, 2022
Transactions value $
-$2,123,473
Form type
4
Date filed
2/18/2022, 07:20 PM
Next filing
Mar 2, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TPH Common Stock Award $0 +196K +84.08% $0.00 430K Feb 16, 2022 Direct F1
transaction TPH Common Stock Tax liability -$2.12M -91.1K -21.17% $23.32 339K Feb 16, 2022 Direct F2
holding TPH Common Stock 610K Feb 16, 2022 See Note F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents shares of common stock issued pursuant to the vesting of performance-based restricted stock units granted on February 28, 2019 under the Company's 2013 Long-Term Incentive Plan that were eligible to vest based on attainment of certain earnings per share and total stockholder return performance goals (the "RSU Awards"). Upon the recommendation of the Compensation Committee, the issuer's board of directors determined that, based on the issuer's performance over the performance period, 196,431 RSU Awards would vest and be settled into an equal number of shares of common stock, in accordance with the terms of the RSU Awards.
F2 Withholding of shares to satisfy tax withholding obligations incident to vesting of the RSU Awards.
F3 By The Mitchell Family Trust