THOMAS J. MITCHELL - 13 Mar 2024 Form 4 Insider Report for Tri Pointe Homes, Inc. (TPH)

Signature
/s/ Glenn J. Keeler, attorney-in-fact
Issuer symbol
TPH
Transactions as of
13 Mar 2024
Net transactions value
-$981,704
Form type
4
Filing time
13 Mar 2024, 18:55:59 UTC
Previous filing
26 Feb 2024
Next filing
17 Dec 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TPH Common Stock Options Exercise $833,289 +51,533 +6.6% $16.17 837,076 13 Mar 2024 Direct
transaction TPH Common Stock Sale $1,814,992 -51,533 -6.2% $35.22 785,543 13 Mar 2024 Direct F1
holding TPH Common Stock 610,000 13 Mar 2024 See Note 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 TPH Stock Option (Right to Buy) Options Exercise $0 -51,533 -100% $0.000000* 0 13 Mar 2024 Common Stock 51,533 $16.17 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The sales price is a weighted average price. The shares were sold in multiple transactions ranging from $35.00 to $35.44, inclusive. The reporting person undertakes to provide Tri Pointe Homes, Inc. or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range.
F2 By The Mitchell Family Trust.
F3 On April 7, 2014, Mr. Mitchell was granted an option to purchase a total of 51,533 shares of common stock, which vested in three equal installments on April 7, 2015, 2016 and 2017.