SEC Form 4 · accession 0000833079-16-000170
Meritage Homes CORP · MTH
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Robert Gary Sarver
Director
Period of report
May 16, 2016
Accepted (ET)
May 18, 2016 · 5:26 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000833079
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| MTH Common StockF1,F2 | May 16, 2016 | S | 4,381 | $33.92 | D | 202,659 | I | See Note. |
| MTH Common SharesF3 | holding | — | — | — | 15,000 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1On May 16, 2016, Mr. Sarver gifted the securities to a charitable foundation trust for which Mr. Sarver is the trustee. Also on May 16, 2016, the charitable foundation trust sold the securities in open market transactions. Mr. Sarver disclaims beneficial ownership of these securities, and this report shall not be deemed an admission that Mr. Sarver is the beneficial owner of the securities for purposes of Section 16 or for any other purpose.
- F2Balance represents indirect ownership of shares held in trust (6,000 shares Penny Sarver - wife; 2,000 shares Penny Sarver FBO Max Sarver - minor son; 8,170 shares Robert Sarver - trustee of Eva Lauren Hilton Trust; 8,170 shares Robert Sarver - trustee of Shari Rachel Hilton Trust; 178,319 shares Robert Sarver - trustee of Robert Sarver Trust)
- F3Balance represents restricted shares not vested.