SEC Form 4 · accession 0000950142-18-000485
Taylor Morrison Home Corp · TMHC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Joseph Terracciano
Officer — Chief Accounting Officer
Period of report
Feb 20, 2018
Accepted (ET)
Feb 22, 2018 · 5:29 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 Stock | Feb 20, 2018 | M | 3,679 | $18.97 | A | 4,168 | D | |
| Class A Common Stock | Feb 20, 2018 | M | 350 | $18.73 | A | 4,518 | D | |
| Class A Common Stock | Feb 20, 2018 | M | 982 | $11.30 | A | 5,500 | D | |
| Class A Common Stock | Feb 20, 2018 | M | 339 | $18.74 | A | 5,839 | D | |
| Class A Common StockF1 | Feb 20, 2018 | S | 5,788 | $23.97 | D | 51 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee Stock Option (Right to buy)F2 | $18.97 | Feb 20, 2018 | M | 3,679 | D | — | Sep 3, 2024 | Class A Common Stock | 3,679 | 11,035 | D |
| Employee Stock Option (Right to Buy)F3 | $18.73 | Feb 20, 2018 | M | 350 | D | — | Feb 9, 2025 | Class A Common Stock | 350 | 583 | D |
| Employee Stock Option (Right to Buy)F4 | $11.30 | Feb 20, 2018 | M | 982 | D | — | Feb 8, 2026 | Class A Common Stock | 982 | 2,946 | D |
| Employee Stock Option (Right to Buy)F5 | $18.74 | Feb 20, 2018 | M | 339 | D | — | Feb 2, 2027 | Class A Common Stock | 339 | 2,373 | D |
Explanation of responses
- F1The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $23.97 to $24.00, inclusive. The Reporting Person undertakes to provide to the staff of the Securities and Exchange Commission, to any security holder of Taylor Morrison Home Corporation, or to Taylor Morrison Home Corporation, upon request, full information regarding the number of shares sold at each separate price within the range set forth above.
- F2On September 3, 2014, the Reporting Person was granted 14,714 options vesting in four equal installments on each of September 3, 2015, September 3, 2016, September 3, 2017 and September 3, 2018.
- F3On February 9, 2015, the Reporting Person was granted 933 options vesting in four equal installments on each of February 9, 2016, February 9, 2017, February 9, 2018 and February 9, 2019.
- F4On February 8, 2016, the Reporting Person was granted 3,928 options vesting in four equal installments on each of February 8, 2017, February 8, 2018, February 8, 2019 and February 8, 2020.
- F5On February 2, 2017, the Reporting Person was granted 2,712 options vesting in four equal installments on each of February 2, 2018, February 2, 2019, February 2, 2020 and February 2, 2021.