0000950142-23-000496.txt : 20230222 0000950142-23-000496.hdr.sgml : 20230222 20230222211024 ACCESSION NUMBER: 0000950142-23-000496 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20230220 FILED AS OF DATE: 20230222 DATE AS OF CHANGE: 20230222 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Steffens Louis CENTRAL INDEX KEY: 0001570151 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-35873 FILM NUMBER: 23655670 MAIL ADDRESS: STREET 1: 4900 N. SCOTTSDALE ROAD, SUITE 2000 CITY: SCOTTSDALE STATE: AZ ZIP: 85251 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: Taylor Morrison Home Corp CENTRAL INDEX KEY: 0001562476 STANDARD INDUSTRIAL CLASSIFICATION: OPERATIVE BUILDERS [1531] IRS NUMBER: 832026677 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 4900 N. SCOTTSDALE ROAD, SUITE 2000 CITY: SCOTTSDALE STATE: AZ ZIP: 85251 BUSINESS PHONE: 480-840-8100 MAIL ADDRESS: STREET 1: 4900 N. SCOTTSDALE ROAD, SUITE 2000 CITY: SCOTTSDALE STATE: AZ ZIP: 85251 4 1 es230332875_4-steffens.xml OWNERSHIP DOCUMENT X0306 4 2023-02-20 0 0001562476 Taylor Morrison Home Corp TMHC 0001570151 Steffens Louis 4900 N. SCOTTSDALE ROAD, SUITE 2000 SCOTTSDALE AZ 85251 0 1 0 0 EVP & Chief Financial Officer Common Stock 2023-02-20 4 A 0 28976 0 A 85333 D Common Stock 2023-02-20 4 F 0 10671 35.85 D 74662 D Performance-based restricted stock units 2023-02-20 4 A 0 28976 A Common Stock 28976 28976 D Performance-based restricted stock units 2023-02-20 4 M 0 28976 D Common Stock 28976 0 D Represents the vesting and settlement of performance-based vesting restricted stock units ("PSUs") granted by the Issuer on February 10, 2020, under Issuer's 2013 Omnibus Equity Award Plan, as amended. Upon vesting, each PSU is settled in a share of the Issuer's Common Stock. Represents shares of Common Stock withheld by the Issuer to cover tax withholding obligations upon the vesting of PSUs. On February 10, 2020, the Reporting Person received a grant of PSUs representing 28,976 shares of the Issuer's Common Stock (at target), half of which vest based on the Issuer's earnings before taxes ("EBT") and a relative total shareholder return modifier, and half of which vest based on the Company's EBT margin and a relative total shareholder return modifier. The PSUs cliff vest at the end of a three year performance cycle, generally subject to the Reporting Person's continued employment through the date the compensation committee determines and certifies the applicable level of performance achieved for the fiscal 2022 tranche. The compensation committee determined that the objectives for the fiscal 2022 tranche were achieved at a level resulting in 28,976 PSUs being earned by the Reporting Person on February 20, 2023, subject to satisfaction of the vesting conditions for such grant. /s/ Darrell Sherman, as Attorney-in-Fact 2023-02-22