Taylor Morrison Home Corp — Director's Dealing 2021

May 5, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Taylor Morrison Home Corp (TMHC)
CIK: 0001562476
Period of Report: 2021-04-30

Reporting Person: LYON WILLIAM H (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-04-30	Common Stock	S	1025699	$31.77	Disposed	2828216	Indirect
2021-04-30	Common Stock	X	1704205	$19.12	Acquired	4532421	Indirect

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2021-04-30	Common Stock Warrant (Right to buy)	$19.12	X	1704205	Disposed	2022-02-24	Common Stock (1704205)	Indirect

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	182570	Direct
Common Stock	2346	Indirect

Footnotes

F1: On April 30, 2021, the Reporting Person exercised a warrant to purchase 1,704,205 shares of common stock of Taylor Morrison Home Corporation (the "Issuer"). The Reporting Person paid the exercise price on a cashless basis, in which the Reporting Person surrendered 1,025,699 shares of the Issuer's common stock to the Issuer to pay the exercise price and the Issuer issued to the Reporting Person 1,704,205 shares of the Issuer's common stock.

F2: Held by Lyon Shareholder 2012, LLC ("Lyon LLC"). The members of Lyon LLC are the William Harwell Lyon Separate Property Trust established July 28, 2000 (the "Lyon Separate Property Trust"), the Lyon Shareholder 2012 Irrevocable Trust No. 1 established December 24, 2012, and the Lyon Shareholder 2012 Irrevocable Trust No. 2 established December 24, 2012 (collectively, the "Lyon Trusts"). The Reporting Person is the manager of Lyon LLC and the trustee of the Lyon Trusts, and in such capacities, has voting and investment power with respect to securities held by Lyon LLC. The Reporting Person is also the beneficiary of each of the Lyon Trusts.

F3: Held by the Lyon Separate Property Trust of which the Reporting Person is trustee.

F4: Pursuant to the terms of the that certain Agreement and Plan of Merger dated November 5, 2019 (the "Merger Agreement") among William Lyon Homes ("WLH"), the Issuer and Tower Merger Sub, Inc., a wholly owned subsidiary of the Issuer, at the effective time of the merger, the warrant held by Lyon LLC related to shares of WLH Class B common stock (the "Class B Warrant") was substituted and converted into a warrant to purchase a number of whole shares of the Issuer's common stock (rounded down to the nearest whole share).