Taylor Morrison Home Corp — Director's Dealing 2018

Mar 14, 2018

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Taylor Morrison Home Corp (TMHC)
CIK: 0001562476
Period of Report: 2018-03-08

Reporting Person: Sherman Darrell (EVP, CLO & Secretary)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2018-03-09	Class A Common Stock	A	3317	—	Acquired	8770	Direct
2018-03-09	Class A Common Stock	F	977	$23.86	Disposed	7793	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2018-03-08	Common Partnership Units and Class B Common Stock	$	G	15000	Disposed		Class A Common Stock (15000)	Direct

Footnotes

F1: Represents the vesting and settlement of performance-based vesting restricted stock units ("PSUs") granted by the Issuer on February 9, 2015, under the Issuer's 2013 Omnibus Equity Award Plan, as amended. Upon vesting, each PSU is settled in a share of the Issuer's Class A Common Stock.

F2: Represents shares of Class A Common Stock withheld by the Issuer to cover tax withholding obligations upon the vesting of PSUs.

F3: Pursuant to the terms of the Exchange Agreement dated as of April 9, 2013, a holder may exchange all or a portion of such holder's Common Partnership Units ("New TMM Units") (along with an equal number of shares of the Issuer's Class B Common Stock) at any time for shares of Class A Common Stock of the Issuer on a one-for-one basis.

F4: The New TMM Units do not expire and the holder is not required to pay an exercise price in connection with exchanges. The Issuer's 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.