Taylor Morrison Home Corp — Director's Dealing 2013

Apr 10, 2013

SEC Form 3 — Initial Statement of Beneficial Ownership

Issuer: Taylor Morrison Home Corp (TMHC)
CIK: 0001562476
Period of Report: 2013-04-10

Reporting Person: BRADY JOHN C. (Director, 10% Owner)

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Common Partnership Units and Class B Common Stock	$		Class A Common Stock (54881984)		Indirect
Put/Call Option (right/obligation to sell)	$20.68		Class A Common Stock (9143461)		Indirect

Footnotes

F1: OCM TMM Holdings II, L.P. ("OCM TMM Holdings") holds an aggregate of 54,881,984 common partnership units (the "New TMM Units") of TMM Holdings II Limited Partnership ("New TMM") and 54,881,984 shares of Class B Common Stock (the "Class B Shares") of Taylor Morrison Home Corporation (the "Issuer"). Pursuant to the terms of the Exchange Agreement dated as of April 9, 2013, OCM TMM Holdings may exchange all or a portion of its New TMM Units (along with an equal number of its Class B Shares) at any time for shares of Class A Common Stock (the "Class A Shares") of the Issuer on a one-for-one basis.

F2: Pursuant to the terms of a Put/Call Agreement dated as of April 9, 2013, OCM TMM Holdings has the option to require the Issuer to purchase, and the Issuer has the right to require OCM TMM Holdings to sell, in each case exercisable at any time on or after April 15, 2013 up to June 30, 2013, 9,143,461 Class B Shares together with a corresponding number of New TMM Units at $20.68 per share. In addition, in the event the underwriters of the Issuer's initial public offering purchase Class A Shares pursuant to the over-allotment option granted to them by the Issuer, OCM TMM Holdings will have the option to require the Issuer to purchase, and the Issuer will have the right to require OCM TMM Holdings to sell, up to an additional 2,142,900 Class B Shares together with a corresponding number of New TMM Units at $20.68 per share.

F3: The general partner of OCM TMM Holdings is OCM TMM Holdings II GP, ULC. The sole shareholder of OCM TMM Holdings II GP, ULC is OCM TMM Holdings LP, Inc. The sole shareholder of OCM TMM Holdings LP, Inc. is Oaktree TM Holdings CTB, Ltd. The sole director of Oaktree TM Holdings CTB, Ltd. is Oaktree Capital Management, L.P., and the shareholders of Oaktree TM Holdings CTB, Ltd. controlling a majority of the vote are Oaktree Opportunities Fund VIII, L.P., Oaktree Opportunities Fund VIII (Parallel), L.P. and Oaktree Opportunities Fund VIII (Parallel 2), L.P., with the remaining shareholders being Oaktree Huntington Investment Fund, L.P., Oaktree FF Investment Fund, L.P., Oaktree Real Estate Opportunities Fund V, L.P. and Oaktree Remington Investment Fund, L.P.

F4: The general partner of Oaktree Capital Management, L.P. is Oaktree Holdings, Inc. The general partner of each of Oaktree Opportunities Fund VIII, L.P., Oaktree Opportunities Fund VIII (Parallel), L.P. and Oaktree Opportunities Fund VIII (Parallel 2), L.P. is Oaktree Opportunities Fund VIII GP, L.P. The general partner of Oaktree Opportunities Fund VIII GP, L.P. is Oaktree Opportunities Fund VIII GP Ltd. The sole director of Oaktree Opportunities Fund VIII GP Ltd. is Oaktree Capital Management, L.P., and the sole shareholder of Oaktree Opportunities Fund VIII GP Ltd. is Oaktree Fund GP I, L.P. The general partner of Oaktree Fund GP I, L.P. is Oaktree Capital I, L.P. The general partner of Oaktree Capital I, L.P. is OCM Holdings I, LLC.

F5: The managing member of OCM Holdings I, LLC is Oaktree Holdings, LLC. The sole shareholder of Oaktree Holdings, Inc. and the managing member of Oaktree Holdings, LLC is Oaktree Capital Group, LLC. The duly elected manager of Oaktree Capital Group, LLC is Oaktree Capital Group Holdings GP, LLC. The members of Oaktree Capital Group Holdings GP, LLC are Kevin Clayton, John Frank, Stephen Kaplan, Bruce Karsh, Larry Keele, David Kirchheimer, Howard Marks and Sheldon Stone, who, by virtue of their membership interests in Oaktree Capital Group Holdings GP, LLC, may be deemed to share voting and dispositive power with respect to the Class B shares held by OCM TMM Holdings.

F6: John Brady is an officer or its equivalent of each of Oaktree Capital Management, L.P. and Oaktree Fund GP I, L.P. and serves as a director appointed by OCM TMM Holdings. These securities may be deemed beneficially owned by Mr. Brady by virtue of his being an officer (or its equivalent) of each of Oaktree Capital Management, L.P. and Oaktree Fund GP I, L.P.