SEC Form 4 · accession 0000833079-18-000013
Meritage Homes CORP · MTH
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Steven J Hilton
Officer — Chief Executive Officer · Director
Period of report
Feb 12, 2018
Accepted (ET)
Feb 14, 2018 · 6:54 pm EST
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 | Feb 12, 2018 | M | 6,358 | $0.00 | A | 1,630,416 | I | HELD IN TRUST |
| MTH Common StockF1,F2 | Feb 12, 2018 | A | 7,452 | $0.00 | A | 1,637,868 | I | HELD IN TRUST |
| MTH Common StockF3 | holding | — | — | — | 29,078 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Performance Rights | $0.00 | Feb 12, 2018 | M | 6,358 | D | Feb 12, 2018 | Feb 12, 2018 | MTH Common Shares | 6,358 | 0 | D |
Explanation of responses
- F1Represents vesting of restricted stock upon achievement of pre-specified performance targets
- F2Balance reflects all other holdings, including restricted shares that have previously vested. Total amount has been reduced by 11,000 shares from prior Form 4 filings that were inadvertently included in the total holdings after being disposed of in prior years.
- F3Balance represents restricted shares and restricted share units not vested.