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Filing Details

Accession Number:: 0000950142-17-001824
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2017-10-06 17:00:50
Reporting Period:: 2017-10-04

Accepted Time:: 2017-10-06 17:00:50
SEC Url:: Form 4 Filing

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
1562476	Taylor Morrison Home Corp	TMHC	Operative Builders (1531)	900907433

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1570143	David C. Cone	4900 N. Scottsdale Road, Suite 2000 Scottsdale AZ 85251	Executive Vice President & Cfo	No	Yes	No	No

Reported Non-Derivative Transactions

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Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
Class A Common Stock	Acquisiton	2017-10-04	20,000	$0.00	27,511	No	4	C	Direct
Class A Common Stock	Disposition	2017-10-05	20,000	$22.83	7,511	No	4	S	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	C	Direct
No	4	S	Direct

Reported Derivative Transactions

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Sec. Name	Sec. Type	Acquisiton - Disposition	Date	Amount	Price	Amount - 2	Price - 2
Class A Common Stock	Common Partnership Units and Class B Common Stock	Disposition	2017-10-04	20,000	$0.00	20,000	$0.00

Remaning Holdings	Exercise Date	Expiration Date	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
76,205			No	4	C	Direct

Reported Non-Derivative Holdings

Sec. Name	Remaning Holdings	Nature of Ownership	Explanation
Class A Common Stock	2,200	Indirect	By C.D. Cone Trust

Footnotes

This transaction was effected pursuant to a Rule 10b5-1 Plan entered into by the reporting person on August 10, 2017. Accordingly, the reporting person had no discretion with regard to the timing of the transaction.
Represents shares of Class A Common Stock ("Class A Shares") that were obtained upon exchange of an equal number of Common Partnership Units ("New TMM Units") of TMM Holdings II Limited Partnership along with an equal number of shares of Class B Common Stock ("Class B Shares").
The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $22.69 to $22.91, inclusive. The reporting person undertakes to provide to the staff of the Securities and Exchange Commission, to any security holder of Taylor Morrison Home Corporation, or to Taylor Morrison Home Corporation, upon request, full information regarding the number of shares sold at each separate price within the range set forth above.
Pursuant to the terms of the Exchange Agreement, dated as of April 9, 2013, the reporting person may exchange all or a portion of his vested New TMM Units (along with an equal number of its Class B Shares) at any time for Class A Shares on a one-for-one basis. Unvested New TMM Units (along with corresponding Class B Shares) vest in equal annual installments of 20% per year on each anniversary of the original date of grant of the interests that were exchanged for the New TMM Units, subject to the individual's continued employment or service through the applicable vesting date.
The New TMM Units do not expire and the reporting person is not required to pay an exercise price in connection with exchanges. Each Class B Share provides the holder with one vote on all matters submitted to a vote of the issuer's stockholders but does not entitle the holder to any of the economic rights associated with the Class A Shares.