Skip to main content

AI assistant

Sign in to chat with this filing

The assistant answers questions, extracts KPIs, and summarises risk factors directly from the filing text.

Taylor Morrison Home Corp Director's Dealing 2013

Apr 10, 2013

30856_dirs_2013-04-10_9a6200d2-810f-4389-af0c-e3dcd073f362.zip

Director's Dealing

Open in viewer

Opens in your device viewer

SEC Form 3 — Initial Statement of Beneficial Ownership

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

Reporting Person: Kelley Tawn (President, TMHF and MFDV)

Holdings (Derivative)

Security Exercise Price Expiration Underlying Shares Ownership
Common Partnership Units and Class B Common Stock $ Class A Common Stock (93703) Direct

Footnotes

F1: Pursuant to the terms of the Exchange Agreement dated as of April 9, 2013, Ms. Kelley may exchange all or a portion of her vested 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. Unvested New TMM Units (along with corresponding shares of of the issuer's Class B common stock) vest in equal annual installments of 20% per year on each anniversary of the original date of grant of the interests that were exchanged for the New TMM Units, subject to the individual's continued employment or service through the applicable vesting date.

F2: The New TMM Units do not expire and the reporting person is not required to pay an exercise price in connection with exchanges. The Class B common stock provides the holder with one vote on all matters submitted to a vote of the issuer's stockholders but does not entitle the holder to any of the economic rights associated with shares of the issuer's Class A common stock.