4//SEC Filing
Taylor Morrison Home Corp 4
Accession 0000950142-13-000936
$TMHCCIK 0001562476operating
Filed
Apr 15, 8:00 PM ET
Accepted
Apr 16, 5:09 PM ET
Size
6.2 KB
Accession
0000950142-13-000936
Insider Transaction Report
Form 4
ELLER TIMOTHY R
Director
Transactions
- Award
Common Partnership Units and Class B Common Stock
2013-04-09+63,695→ 63,695 total→ Class A Common Stock (63,695 underlying)
Footnotes (2)
- [F1]Pursuant to the terms of the Exchange Agreement dated as of April 9, 2013, Mr. Eller may exchange all or a portion of his 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.
Documents
Issuer
Taylor Morrison Home Corp
CIK 0001562476
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0001562476
Filing Metadata
- Form type
- 4
- Filed
- Apr 15, 8:00 PM ET
- Accepted
- Apr 16, 5:09 PM ET
- Size
- 6.2 KB