SEC Form 4 · accession 0000833079-18-000061
Meritage Homes CORP · MTH
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Phillippe Lord
Officer — Executive Vice President, COO
Period of report
Apr 2, 2018
Accepted (ET)
Apr 4, 2018 · 8:16 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 | Apr 2, 2018 | M | 1,842 | $0.00 | A | 7,882 | D | |
| MTH Common StockF1 | Apr 2, 2018 | A | 2,159 | $0.00 | A | 10,041 | D | |
| MTH Common StockF2,F3 | Apr 3, 2018 | S | 5,009 | $43.40 | D | 12,228 | D | |
| MTH Common SharesF4 | holding | — | — | — | 17,193 | 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 | Apr 2, 2018 | M | 1,842 | D | Apr 2, 2018 | Apr 2, 2018 | MTH Common Shares | 1,842 | 0 | D |
Explanation of responses
- F1Represents vesting of restricted stock upon achievement of pre-specified performance targets
- F2Represents sale of shares to cover required tax withholdings under a 10b5-1 plan.
- F3Balance reflects all other holdings, including restricted shares that have previously vested.
- F4Balance represents restricted shares and restricted share units not vested.