0000950142-24-000567.txt : 20240227
0000950142-24-000567.hdr.sgml : 20240227
20240227205306
ACCESSION NUMBER: 0000950142-24-000567
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20240226
FILED AS OF DATE: 20240227
DATE AS OF CHANGE: 20240227
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Sherman Darrell
CENTRAL INDEX KEY: 0001570142
ORGANIZATION NAME:
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-35873
FILM NUMBER: 24689723
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]
ORGANIZATION NAME: 05 Real Estate & Construction
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
es240452534_4-sherman.xml
OWNERSHIP DOCUMENT
X0508
4
2024-02-26
0
0001562476
Taylor Morrison Home Corp
TMHC
0001570142
Sherman Darrell
4900 N. SCOTTSDALE ROAD, SUITE 2000
SCOTTSDALE
AZ
85251
0
1
0
0
EVP, CLO & Secretary
0
Common Stock
2024-02-26
4
A
0
22598
0
A
144296
D
Common Stock
2024-02-26
4
F
0
8322
56.21
D
135974
D
Performance-based restricted stock units
2024-02-26
4
A
0
22598
A
Common Stock
22598
22598
D
Performance-based restricted stock units
2024-02-26
4
M
0
22598
D
Common Stock
22598
0
D
Represents the vesting and settlement of performance-based vesting restricted stock units ("PSUs") granted by the Issuer on February 16, 2021, 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 16, 2021, the Reporting Person received a grant of PSUs representing 11,299 shares of the Issuer's Common Stock (at target). 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 2023 tranche, with the number of PSUs earned and issued determined based on achievement of return on net asset performance objectives approved by the Issuer's compensation committee for each year of the performance cycle. The compensation committee determined that the objectives for the fiscal 2023 tranche were achieved at a level resulting in 22,598 PSUs being earned by the Reporting Person on February 26, 2024, subject to satisfaction of the vesting conditions for such grant.
/s/ Darrell Sherman
2024-02-27