Darrell Sherman - Feb 21, 2025 Form 4 Insider Report for Taylor Morrison Home Corp (TMHC)

Role
EVP, CLO & Secretary
Signature
/s/ Darrell Sherman
Stock symbol
TMHC
Transactions as of
Feb 21, 2025
Transactions value $
-$126,200
Form type
4
Date filed
2/24/2025, 06:31 PM
Previous filing
Feb 20, 2025
Next filing
Mar 14, 2025
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 +3.07K +2.89% 109K Feb 21, 2025 Direct F1
transaction TMHC Common Stock Tax liability -$78.1K -1.29K -1.17% $60.79 108K Feb 21, 2025 Direct F2
transaction TMHC Common Stock Options Exercise +1.89K +1.75% 110K Feb 21, 2025 Direct F1
transaction TMHC Common Stock Tax liability -$48.1K -791 -0.72% $60.79 109K Feb 21, 2025 Direct F2

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 -3.07K -50% 3.07K Feb 21, 2025 Common Stock 3.07K Direct F1, F3, F4
transaction TMHC Restricted Stock Units Options Exercise -1.89K -33.32% 3.78K Feb 21, 2025 Common Stock 1.89K Direct F1, F4, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents settlement of restricted stock units ("RSUs") through the issuance of one share of Common Stock for each vested RSU.
F2 Represents shares of Common Stock withheld by the Issuer to cover tax withholding obligations upon the vesting of RSUs.
F3 On February 21, 2023, the Reporting Person was granted 9,209 RSUs, generally vesting in three installments of approximately 33 1/3% on each of February 21, 2024, February 21, 2025 and February 21, 2026.
F4 The RSUs were granted to the Reporting Person pursuant to the Equity Plan.
F5 On February 23, 2024, the Reporting Person was granted 5,666 RSUs, generally vesting in three installments of approximately 33 1/3% on or around each of February 23, 2025, February 23, 2026 and February 23, 2027.