SEC Form 4 · accession 0000950142-19-000342
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 19, 2019
Accepted (ET)
Feb 21, 2019 · 4:53 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001562476
Table I — non-derivative securities
No Table I lines on this filing.
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,F1 | $18.18 | Feb 19, 2019 | A | 3,316 | A | — | Feb 19, 2029 | Class A Common Stock | 3,316 | 3,316 | D |
| Restricted Stock UnitsF5,F3,F4 | — | Feb 19, 2019 | A | 857 | A | — | — | Class A Common Stock | 857 | 857 | D |
Explanation of responses
- F1Subject to certain conditions, the options will generally vest in four equal installments of 25% on each of February 19, 2020, February 19, 2021, February 19, 2022, and February 19, 2023.
- F2The options were granted to Mr. Terracciano in accordance with the Taylor Morrison 2013 Omnibus Equity Award Plan, as amended (the "Equity Plan").
- F3Each restricted stock unit represents a contingent right to receive one share of Class A Common Stock.
- F4Subject to certain conditions, the restricted stock units will generally vest in three equal installments of 33 1/3% on each of February 19, 2020, February 19, 2021, and February 19, 2022.
- F5The restricted stock units were granted to Mr. Terracciano in accordance with the Equity Plan.