William H. Lyon - May 23, 2024 Form 4 Insider Report for Taylor Morrison Home Corp (TMHC)

Role
Director
Signature
/s/ William H. Lyon
Stock symbol
TMHC
Transactions as of
May 23, 2024
Transactions value $
$0
Form type
4
Date filed
5/28/2024, 04:04 PM
Previous filing
Mar 29, 2024
Next filing
Jul 17, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TMHC Common Stock Options Exercise +4.04K +22.78% 21.8K May 24, 2024 Direct F1
holding TMHC Common Stock 2.28M May 23, 2024 By LLC F2
holding TMHC Common Stock 40.6K May 23, 2024 By Trust F3

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 TMHC Restricted Stock Units Award +3.08K +76.08% 7.12K May 23, 2024 Common Stock 3.08K Direct F1, F4, F5
transaction TMHC Restricted Stock Unit Options Exercise -4.04K -56.79% 3.08K May 24, 2024 Common Stock 4.04K Direct F1, F5, F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted stock unit represents a contingent right to receive one share of Common Stock.
F2 Held by Lyon Shareholder 2012, LLC ("Lyon LLC"). The members of Lyon LLC are the William Harwell Lyon Separate Property Trust, the Lyon Shareholder 2012 Irrevocable Trust No. 1 established December 24, 2012, and the Lyon Shareholder 2012 Irrevocable Trust No. 2 established December 24, 2012 (collectively, the "Lyon Trusts"). The Reporting Person is the manager of Lyon LLC and the trustee of the Lyon Trusts, and in such capacities, has voting and investment power with respect to securities held by Lyon LLC. The Reporting Person is also the beneficiary of each of the Lyon Trusts.
F3 Held by Lyon Separate Property Trust of which the Reporting Person is a trustee.
F4 The restricted stock units shall be vested upon the earlier of (i) the first anniversary of the date of grant and (ii) the date of the Company's annual meeting of stockholders immediately following the date of grant.
F5 The restricted stock units were granted to Mr. Lyon in accordance with the Taylor Morrison 2013 Omnibus Equity Award Plan, as amended.
F6 The restricted stock units vested on May 24, 2024.