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