SEC Form 4 · accession 0000950142-16-003422
Taylor Morrison Home Corp · TMHC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Peter R. Lane
Director
Period of report
Mar 31, 2016
Accepted (ET)
Apr 1, 2016 · 4:21 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001562476
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Deferred Stock UnitsF2,F1 | — | Mar 31, 2016 | A | 1,328 | A | — | — | Class A Common Stock | 1,328 | 3,393 | D |
Explanation of responses
- F1Each deferred stock unit represents a contingent right to receive one share of Class A Common Stock. 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.
- F2The deferred stock units were acquired by Mr. Lane pursuant to the terms of the Company's Non-Employee Director Deferred Compensation Plan, under which directors may elect to defer all or a portion of their cash retainer and committee fees.