WILLIAM H. LYON - 28 May 2021 Form 4 Insider Report for Taylor Morrison Home Corp (TMHC)

Role
Director
Signature
/s/ Darrell Sherman, as Attorney-in-Fact
Issuer symbol
TMHC
Transactions as of
28 May 2021
Transactions value $
$0
Form type
4
Filing time
02 Jun 2021, 21:39:58 UTC
Previous filing
28 May 2021
Next filing
19 Nov 2021
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TMHC Common Stock Options Exercise +7,224 +3.96% 189,794 28 May 2021 Direct F1
holding TMHC Common Stock 4,532,421 28 May 2021 By LLC F4
holding TMHC Common Stock 2,346 28 May 2021 By Trust F5
holding TMHC Common Stock 57,127 28 May 2021 By Trust F6

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 Options Exercise -7,224 -60.39% 4,739 28 May 2021 Common Stock 7,224 Direct F1, F2, F3
* 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 The restricted stock units vested on May 28, 2021.
F3 The restricted stock units were granted to Mr. Lyon in accordance with the Taylor Morrison 2013 Omnibus Equity Award Plan, as amended.
F4 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.
F5 Held by the Lyon Separate Property Trust of which the Reporting Person is trustee.
F6 Held by The William and Willa Dean Lyon Family Trust of which the Reporting Person is co-trustee.