SEC Form 4 · accession 0000950142-17-000318
Taylor Morrison Home Corp · TMHC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
C. David Cone
Officer — Vice President and CFO
Period of report
Feb 9, 2017
Accepted (ET)
Feb 13, 2017 · 6:33 pm EST
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 | Feb 9, 2017 | M | 3,070 | — | A | 8,670 | D | |
| Class A Common StockF2 | Feb 9, 2017 | F | 1,159 | $18.65 | D | 7,511 | D | |
| Class A Common Stock | holding | — | — | — | 2,200 | I | By C.D. Cone Trust |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF4,F1,F3 | — | Feb 9, 2017 | M | 3,070 | D | — | — | Class A Common Stock | 3,070 | 6,140 | D |
Explanation of responses
- F1Represents settlement of restricted stock units ("RSUs") through the issuance of one share of Class A Common Stock for each vested RSU.
- F2Represents shares of Class A Common Stock withheld by the Issuer to cover tax withholding obligations upon the vesting of RSUs.
- F3On February 9, 2015, the Reporting Person was granted 9,210 RSUs, vesting in three equal installments of 33 1/3% on each of February 9, 2017, February 9, 2018, and February 9, 2019.
- F4The restricted stock units were granted to the Reporting Person in accordance with the Taylor Morrison 2013 Omnibus Equity Award Plan, as amended.