SEC Form 4 · accession 0000950142-15-001223
Taylor Morrison Home Corp · TMHC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
David C Merritt
Director
Period of report
May 27, 2015
Accepted (ET)
May 29, 2015 · 4:19 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001562476
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Class A Common StockF1 | May 28, 2015 | M | 2,372 | — | A | 4,877 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Deferred Stock UnitsF3,F2 | — | May 27, 2015 | A | 6,667 | A | — | — | Class A Common Stock | 6,667 | 6,667 | D |
| Restricted Stock UnitsF4,F1 | — | May 28, 2015 | M | 2,372 | D | — | — | Class A Common Stock | 2,372 | 0 | D |
Explanation of responses
- F1Each restricted stock unit represents a contingent right to receive one share of Class A Common Stock.
- F2Each deferred stock unit represents a contingent right to receive one share of Class A Common Stock. The deferred stock units vest on May 27, 2016. The deferred stock units will be settled in shares of Class A Common Stock upon the earlier of the reporting person's separation from service on the Company's board of directors or a change in control.
- F3The deferred stock units were acquired by Mr. Merritt pursuant to the terms of the Company's Non-Employee Director Deferred Compensation Plan, under which directors may elect to defer their annual equity award granted in accordance with the Taylor Morrison 2013 Omnibus Equity Award Plan.
- F4The restricted stock units were granted to Mr. Merritt in accordance with the Taylor Morrison 2013 Omnibus Equity Award Plan. The restricted stock units vested on May 28, 2015.