SEC Form 4 · accession 0000950142-19-000170
Taylor Morrison Home Corp · TMHC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Darrell Sherman
Officer — EVP, CLO & Secretary
Period of report
Feb 2, 2019
Accepted (ET)
Feb 5, 2019 · 5:21 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 2, 2019 | M | 2,835 | — | A | 133,674 | D | |
| Class A Common StockF2 | Feb 2, 2019 | F | 986 | $18.95 | D | 132,688 | D |
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 2, 2019 | M | 2,835 | D | — | — | Class A Common Stock | 2,835 | 5,670 | 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 2, 2017, the reporting person was granted 8,505 RSUs, vesting in three equal installments of 33 1/3% on each of February 2, 2019, February 2, 2020 and February 2, 2021.
- F4The RSUs were granted to the Reporting Person pursuant to the Taylor Morrison 2013 Omnibus Equity Award Plan, as amended.