Tri Pointe Homes, Inc. — Director's Dealing 2014

Jul 11, 2014

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: TRI Pointe Homes, Inc. (TPH)
CIK: 0001561680
Period of Report: 2014-06-30

Reporting Person: CARLSON CAPITAL L P (10% Owner)
Reporting Person: Black Diamond Offshore Ltd. (10% Owner)
Reporting Person: Double Black Diamond Offshore Ltd (10% Owner)
Reporting Person: Black Diamond Relative Value Offshore Ltd. (10% Owner)
Reporting Person: Asgard Investment Corp. (10% Owner)
Reporting Person: Carlson Clint Duane (10% Owner)
Reporting Person: Asgard Investment Corp. II (10% Owner)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2014-06-30	Common Stock	P	84749	$15.4336	Acquired	3259402	Indirect
2014-06-30	Common Stock	P	94872	$15.4406	Acquired	3279402	Indirect
2014-06-30	Common Stock	P	20000	$15.45	Acquired	3379402	Indirect
2014-06-30	Common Stock	P	100000	$15.3931	Acquired	3386183	Indirect
2014-06-30	Common Stock	P	6781	$15.465	Acquired	3436183	Indirect
2014-06-30	Common Stock	P	50000	$15.47	Acquired	3461183	Indirect
2014-06-30	Common Stock	P	25000	$15.4591	Acquired	3486083	Indirect
2014-06-30	Common Stock	P	24900	$15.475	Acquired	3486683	Indirect
2014-06-30	Common Stock	P	600	$15.4764	Acquired	3487683	Indirect
2014-06-30	Common Stock	P	1000	$15.496	Acquired	3488683	Indirect
2014-06-30	Common Stock	P	1000	$15.5	Acquired	3495083	Indirect
2014-06-30	Common Stock	P	150000	$15.53	Acquired	3645083	Indirect
2014-06-30	Common Stock	P	50000	$15.48	Acquired	3695083	Indirect
2014-06-30	Common Stock	P	100000	$15.54	Acquired	3795083	Indirect
2014-06-30	Common Stock	P	50000	$15.56	Acquired	3845083	Indirect
2014-06-30	Common Stock	P	68647	$15.7237	Acquired	3913730	Indirect
2014-07-01	Common Stock	P	192700	$15.5384	Acquired	4106430	Indirect
2014-07-02	Common Stock	P	53600	$15.5729	Acquired	4160030	Indirect
2014-07-02	Common Stock	P	25000	$15.6	Acquired	4185030	Indirect
2014-07-02	Common Stock	P	25000	$15.46	Acquired	4210030	Indirect
2014-07-02	Common Stock	P	25000	$15.5358	Acquired	4235030	Indirect

Footnotes

F1: The shares of Common Stock to which this relates are held directly by Black Diamond Offshore Ltd., a Cayman Islands exempted company ("Offshore"), Double Black Diamond Offshore Ltd., a Cayman Islands exempted company ("Double Offshore"), Black Diamond Relative Value Offshore Ltd., a Cayman Islands exempted company ("Relative Value Offshore"), Black Diamond Arbitrage Offshore Ltd., a Cayman Islands exempted company ("Arbitrage"), Black Diamond Thematic Offshore Ltd., a Cayman Islands exempted company ("Thematic" and together with Offshore, Double Offshore, Relative Value Offshore and Arbitrage, the "Funds") and three managed accounts (collectively, the "Accounts").

F2: Carlson Capital, L.P., a Delaware limited partnership ("Carlson Capital") serves as the investment manager to, and has the power to direct the affairs of, the Funds and the Accounts. Asgard Investment Corp. II, a Delaware corporation ("Asgard II") serves as the general partner of, and has the power to direct the affairs of, Carlson Capital. Asgard Investment Corp., a Delaware corporation ("Asgard"), is the sole stockholder of Asgard II. Mr. Clint D. Carlson, a U.S. citizen, serves as the president of, and has the power to direct the affairs of, Asgard II, Asgard and Carlson Capital. Each of the reporting persons disclaims beneficial ownership of the securities to which this Form 4 relates for the purposes of Section 16 of the Securities and Exchange Act of 1934, as amended, except as to such extent of the reporting person's pecuniary interest in the securities.