SEC Form 4 · accession 0000950142-19-000171
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 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 | 263 | — | A | 449 | D | |
| Class A Common StockF2 | Feb 2, 2019 | F | 92 | $18.95 | D | 357 | 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 | 263 | D | — | — | Class A Common Stock | 263 | 527 | 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 790 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.
Remarks
As of October 26, 2018, Taylor Morrison Home Corporation (formerly known as Taylor Morrison Homes Corporation) became the successor issuer to, and parent holding company of, Taylor Morrison Home II Corporation (formerly known as Taylor Morrison Home Corporation) pursuant to an internal holding company reorganization in which all of Taylor Morrison Home II Corporation's outstanding shares were automatically converted into equivalent corresponding shares of Taylor Morrison Home Corporation.