Filing Details
- Accession Number:
- 0000950142-21-001534
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2021-05-04 13:00:00
- Reporting Period:
- 2021-04-30
- Accepted Time:
- 2021-05-04 21:01:30
- SEC Url:
- Form 4 Filing
Issuer
| Cik | Name | Symbol | Sector (SIC) | IRS No |
|---|---|---|---|---|
| 1562476 | Taylor Morrison Home Corp | TMHC | () | 4 |
Insiders
| Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
|---|---|---|---|---|---|---|---|
| 61043 | H William Lyon | C/O Taylor Morrison Home Corporation 4900 N. Scottsdale Road, Suite 2000 Scottsdale AZ 85251 | Yes | No | 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 |
|---|---|---|---|---|---|---|---|---|---|---|
| Common Stock | Disposition | 2021-04-30 | 1,025,699 | $31.77 | 2,828,216 | No | 4 | S | Indirect | By LLC |
| Common Stock | Acquisiton | 2021-04-30 | 1,704,205 | $19.12 | 4,532,421 | No | 4 | X | Indirect | By LLC |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | S | Indirect | By LLC |
| No | 4 | X | Indirect | By LLC |
Reported Derivative Transactions
| Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
|---|---|---|---|---|---|---|---|
| Common Stock | Common Stock Warrant (Right to buy) | Disposition | 2021-04-30 | 1,704,205 | $0.00 | 1,704,205 | $19.12 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 0 | 2022-02-24 | No | 4 | X | Indirect |
Reported Non-Derivative Holdings
| Sec. Name | Remaning Holdings | Nature of Ownership | Explanation |
|---|---|---|---|
| Common Stock | 182,570 | Direct | |
| Common Stock | 2,346 | Indirect | By Trust |
Footnotes
- On April 30, 2021, the Reporting Person exercised a warrant to purchase 1,704,205 shares of common stock of Taylor Morrison Home Corporation (the "Issuer"). The Reporting Person paid the exercise price on a cashless basis, in which the Reporting Person surrendered 1,025,699 shares of the Issuer's common stock to the Issuer to pay the exercise price and the Issuer issued to the Reporting Person 1,704,205 shares of the Issuer's common stock.
- Held by Lyon Shareholder 2012, LLC ("Lyon LLC"). The members of Lyon LLC are the William Harwell Lyon Separate Property Trust established July 28, 2000 (the "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.
- Held by the Lyon Separate Property Trust of which the Reporting Person is trustee.
- Pursuant to the terms of the that certain Agreement and Plan of Merger dated November 5, 2019 (the "Merger Agreement") among William Lyon Homes ("WLH"), the Issuer and Tower Merger Sub, Inc., a wholly owned subsidiary of the Issuer, at the effective time of the merger, the warrant held by Lyon LLC related to shares of WLH Class B common stock (the "Class B Warrant") was substituted and converted into a warrant to purchase a number of whole shares of the Issuer's common stock (rounded down to the nearest whole share).
Billionaire Hedge Funds
