SEC Form 4 · accession 0000833079-19-000043
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
Mar 4, 2019
Accepted (ET)
Mar 6, 2019 · 8:33 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 | Mar 4, 2019 | M | 11,835 | $0.00 | A | 1,678,781 | I | HELD IN TRUST |
| MTH Common StockF1 | Mar 4, 2019 | A | 26,415 | $0.00 | A | 1,705,196 | I | HELD IN TRUST |
| MTH Common StockF2,F3 | Mar 5, 2019 | S | 27,877 | $43.40 | D | 1,677,319 | I | HELD IN TRUST |
| MTH Common StockF4 | holding | — | — | — | 16,593 | 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 | Mar 4, 2019 | M | 11,835 | D | Mar 4, 2019 | Mar 4, 2019 | MTH Common Shares | 11,835 | 0 | D |
Explanation of responses
- F1Represents vesting of restricted stock units 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 stock units that have previously vested.
- F4Balance represents restricted stock units not vested.