Key facts
- This page summarizes Darrell Sherman's Form 4 filing for Taylor Morrison Home Corp (TMHC).
- 7 reported transactions and 3 derivative rows are listed below.
- Accepted by SEC: 13 Feb 2025, 18:52.
Key filing fact
Ownership activity is grounded in SEC Form 4 disclosures.
Shares, units, or other non-derivative securities reported in this filing.
Options Exercise
Tax liability
Award
Tax liability
Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.
Options Exercise
Award
Options Exercise
Additional SEC filing notes
Footnote F1
Represents settlement of restricted stock units ("RSUs") through the issuance of one share of Common Stock for each vested RSU.
Footnote F2
Represents shares of Common Stock withheld by the Issuer to cover tax withholding obligations upon the vesting of RSUs.
Footnote F3
Represents the vesting and settlement of performance-based vesting restricted stock units ("PSUs") granted by the Issuer on February 11, 2022, under Issuer's 2013 Omnibus Equity Award Plan, as amended (the "Equity Plan"). Upon vesting, each PSU is settled in a share of the Issuer's Common Stock.
Footnote F4
Represents shares of Common Stock withheld by the Issuer to cover tax withholding obligations upon the vesting of PSUs.
Footnote F5
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.
Footnote F6
The RSUs were granted to the Reporting Person pursuant to the Equity Plan.
Footnote F7
On February 11, 2022, the Reporting Person received a grant of PSUs representing 11,004 shares of the Issuer's Common Stock (at target). The PSUs cliff vest at the end of a three year performance cycle, generally subject to the Reporting Person's continued employment through the date the compensation committee determines and certifies the applicable level of performance achieved for the fiscal 2024 tranche, with the number of PSUs earned and issued determined based on achievement of return on net asset performance objectives approved by the Issuer's compensation committee for each year of the performance cycle. The compensation committee determined that the objectives for the fiscal 2024 tranche were achieved at a level resulting in 13,205 PSUs being earned by the Reporting Person on February 11, 2025, subject to satisfaction of the vesting conditions for such grant.