Louis Steffens - Jan 1, 2022 Form 3 Insider Report for Taylor Morrison Home Corp (TMHC)

Role
EVP and CFO
Signature
/s/ Darrell Sherman, as Attorney-in-Fact
Stock symbol
TMHC
Transactions as of
Jan 1, 2022
Transactions value $
$0
Form type
3
Date filed
1/10/2022, 07:47 PM
Next filing
Feb 14, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding TMHC Common Stock 8.89K Jan 1, 2022 Direct

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
holding TMHC Employee Stock Option (Right to buy) Jan 1, 2022 Common Stock 19.8K $23.84 Direct F1
holding TMHC Employee Stock Option (Right to buy) Jan 1, 2022 Common Stock 27.9K $18.18 Direct F2
holding TMHC Employee Stock Option (Right to buy) Jan 1, 2022 Common Stock 29.5K $26.28 Direct F3
holding TMHC Employee Stock Option (Right to buy) Jan 1, 2022 Common Stock 28.9K $28.32 Direct F4
holding TMHC Restricted Stock Units Jan 1, 2022 Common Stock 4.81K Direct F5, F6
holding TMHC Restricted Stock Units Jan 1, 2022 Common Stock 10.7K Direct F6, F7
holding TMHC Restricted Stock Units Jan 1, 2022 Common Stock 14.8K Direct F6, F8
holding TMHC Performance-based Restricted Stock Units Jan 1, 2022 Common Stock 10.9K Direct F9
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Of these stock options, 9,898 are fully vested and the remainder vest on February 12, 2022, subject to certain conditions.
F2 These stock options vest in equal installments on each of February 19, 2022 and February 19, 2023, subject to certain conditions.
F3 Of these stock options, 7,373 are fully vested and the remainder vest in substantially equal installments on February 10, 2022, February 10, 2023, and February 10, 2024, subject to certain conditions.
F4 These stock options vest in substantially equal installments on each of February 16, 2022, February 16, 2023, February 16, 2024, and February 16, 2025, subject to certain conditions.
F5 These restricted stock units vest on February 19, 2022, subject to certain conditions.
F6 Each restricted stock unit represents a contingent right to receive one share of Common Stock.
F7 These restricted stock units vest in substantially equal installments on each of February 10, 2022 and February 10, 2023, subject to certain conditions.
F8 These restricted stock units vest in substantially equal installments on each of February 16, 2022, February 16, 2023 and February 16, 2024, subject to certain conditions.
F9 On February 19, 2019, the Reporting Person received a grant of PSUs representing 14,439 shares of the Issuer's Common Stock (at target). The PSUs cliff vest at the end of a three year performance cycle, generally subject to the Reporting Person's continued employment through the applicable vesting date, with the number of PSUs earned and issued determined based on achievement of return on net asset performance objectives approved by the Issuer's compensation committee for each year of the performance cycle. The compensation committee determined that the objectives for the first tranche (2019) and second tranche (2020) were achieved at a level resulting in an aggregate of 10,866 PSUs being earned by the Reporting Person, subject to satisfaction of the vesting conditions for such grant.

Remarks:

Exhibit 24 - Power of Attorney