SEC Form 4 · accession 0000950142-19-000299
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 13, 2019
Accepted (ET)
Feb 15, 2019 · 4:51 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 13, 2019 | M | 3,779 | — | A | 136,467 | D | |
| Class A Common StockF4 | Feb 13, 2019 | F | 1,099 | $18.90 | D | 135,368 | D | |
| Class A Common StockF2 | Feb 13, 2019 | M | 2,211 | — | A | 137,579 | D | |
| Class A Common StockF4 | Feb 13, 2019 | F | 651 | $18.90 | D | 136,928 | D | |
| Class A Common StockF3 | Feb 13, 2019 | M | 2,433 | — | A | 139,361 | D | |
| Class A Common StockF4 | Feb 13, 2019 | F | 717 | $18.90 | D | 138,644 | 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 UnitsF8,F1,F5 | — | Feb 13, 2019 | M | 3,779 | D | — | — | Class A Common Stock | 3,779 | 3,780 | D |
| Restricted Stock UnitsF8,F2,F6 | — | Feb 13, 2019 | M | 2,211 | D | — | — | Class A Common Stock | 2,211 | 0 | D |
| Restricted Stock UnitsF8,F3,F7 | — | Feb 13, 2019 | M | 2,433 | D | — | — | Class A Common Stock | 2,433 | 4,866 | D |
Explanation of responses
- F1Represents settlement of restricted stock units ("RSUs") on February 13, 2019, which vested on February 8, 2019, through the issuance of one share of Class A Common Stock for each vested RSU.
- F2Represents settlement of RSUs on February 13, 2019, which vested on February 9, 2019, through the issuance of one share of Class A Common Stock for each vested RSU.
- F3Represents settlement of RSUs on February 13, 2019, which vested on February 12, 2019, through the issuance of one share of Class A Common Stock for each vested RSU.
- F4Represents shares of Class A Common Stock withheld by the Issuer to cover tax withholding obligations upon the vesting of RSUs.
- F5On February 8, 2016, the reporting person was granted 11,338 RSUs, vesting in three equal installments of 33 1/3% on each of February 8, 2018, February 8, 2019 and February 8, 2020.
- F6On February 9, 2015, the Reporting Person was granted 6,633 RSUs, vesting in three equal installments of 33 1/3% on each of February 9, 2017, February 9, 2018, and February 9, 2019.
- F7On February 12, 2018, the reporting person was granted 7,299 RSUs, vesting in three equal installments of 33 1/3% on each of February 12, 2019, February 12, 2020, and February 12, 2021.
- F8The RSUs were granted to the Reporting Person pursuant to the Taylor Morrison 2013 Omnibus Equity Award Plan, as amended.