WILLIAM H. LYON - 25 May 2023 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
25 May 2023
Transactions value $
$0
Form type
4
Filing time
30 May 2023, 19:44:43 UTC
Previous filing
19 May 2023
Next filing
07 Jun 2023
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 +5,781 +48% 17,744 26 May 2023 Direct F1
holding TMHC Common Stock 3,477,316 25 May 2023 By LLC F2
holding TMHC Common Stock 116,570 25 May 2023 By Trust F3
holding TMHC Common Stock 23,127 25 May 2023 By Trust F4

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 +4,042 +70% 9,823 25 May 2023 Common Stock 4,042 Direct F1, F5, F6
transaction TMHC Restricted Stock Units Options Exercise -5,781 -59% 4,042 26 May 2023 Common Stock 5,781 Direct F1, F6, F7
* 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 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.
F3 Held by the Lyon Separate Property Trust of which the Reporting Person is a trustee.
F4 Held by The William and Willa Dean Lyon Family Trust of which the Reporting Person is a co-trustee.
F5 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.
F6 The restricted stock units were granted to Mr. Lyon in accordance with the Taylor Morrison 2013 Omnibus Equity Award Plan, as amended.
F7 The restricted stock units vested on May 26, 2023.