Filing Details

Accession Number:
0000950142-19-000526
Form Type:
4
Zero Holdings:
No
Publication Time:
2019-03-11 19:06:45
Reporting Period:
2019-03-08
Accepted Time:
2019-03-11 19:06:45
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
1618435 Joseph Terracciano 4900 N. Scottsdale Road, Suite 2000
Scottsdale AZ 85251
Chief Accounting Officer No Yes No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Class A Common Stock Acquisiton 2019-03-08 1,196 $0.00 2,050 No 4 A Direct
Class A Common Stock Disposition 2019-03-08 353 $16.79 1,697 No 4 F Direct
Class A Common Stock Acquisiton 2019-03-08 960 $0.00 2,657 No 4 A Direct
Class A Common Stock Disposition 2019-03-08 283 $16.79 2,374 No 4 F Direct
Class A Common Stock Disposition 2019-03-08 2,323 $16.84 51 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 A Direct
No 4 F Direct
No 4 A Direct
No 4 F Direct
No 4 S Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Class A Common Stock Performance-based restricted stock units Disposition 2019-03-08 372 $0.00 372 $0.00
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
372 No 4 M Direct
Footnotes
  1. Represents the vesting and settlement of performance-based vesting restricted stock units ("PSUs") granted by the Issuer on February 8, 2016, under Issuer's 2013 Omnibus Equity Award Plan, as amended. Upon vesting, each PSU is settled in a share of the Issuer's Class A Common Stock.
  2. Represents shares of Class A Common Stock withheld by the Issuer to cover tax withholding obligations upon the vesting of PSUs.
  3. On February 12, 2018, the reporting person received a grant of PSUs representing 637 shares of the Issuer's Class A 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 (2018) were achieved at a level resulting in 372 PSUs being earned by the reporting person on March 8, 2019, subject to satisfaction of the vesting conditions for such grant.