Phillippe Lord - Feb 28, 2022 Form 4 Insider Report for Meritage Homes CORP (MTH)

Role
Chief Executive Officer, Director
Signature
/s/ Alison Sasser, attorney-in-fact for Phillippe Lord
Stock symbol
MTH
Transactions as of
Feb 28, 2022
Transactions value $
$0
Form type
4
Date filed
3/2/2022, 12:03 PM
Previous filing
Aug 4, 2021
Next filing
Mar 4, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MTH MTH Common Shares Award $0 +18.3K +57.01% $0.00 50.3K Feb 28, 2022 Direct F1, F2
transaction MTH MTH Common Stock Options Exercise $0 +10.5K +45% $0.00 33.8K Mar 1, 2022 Direct F3
transaction MTH MTH Common Stock Award $0 +22.4K +66.37% $0.00 56.2K Mar 1, 2022 Direct F3, F4
holding MTH M/TH COMMON STOCK 46.7K Feb 28, 2022 Limited Partnership F4, F5

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction MTH Performance Rights Options Exercise $0 -10.5K -100% $0.00* 0 Mar 1, 2022 MTH Common Shares 10.5K $0.00 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents grant of restricted share units. The shares were granted according to a three-year cliff vesting schedule.
F2 Balance represents restricted stock units not vested.
F3 Represents vesting of restricted stock units upon achievement of pre-specified performance targets.
F4 Balance reflects all other holdings, including restricted stock units that have previously vested.
F5 All shares are held in a family limited partnership controlled by Mr. Lord.