4//SEC Filing
Witte Robert 4
Accession 0000950142-13-000946
CIK 0001562476other
Filed
Apr 15, 8:00 PM ET
Accepted
Apr 16, 5:19 PM ET
Size
8.7 KB
Accession
0000950142-13-000946
Insider Transaction Report
Form 4
Witte Robert
Vice President and CIO
Transactions
- Award
Employee Stock Option (Right to Buy)
2013-04-12+20,000→ 20,000 totalExercise: $22.00Exp: 2023-04-12→ Class A Common Stock (20,000 underlying) - Award
Common Partnership Units and Class B Common Stock
2013-04-09+44,576→ 44,576 total→ Class A Common Stock (44,576 underlying)
Footnotes (4)
- [F1]Subject to certain conditions, the options will generally vest in four equal installments of 25% on each of April 12, 2015, April 12, 2016, April 12, 2017 and April 12, 2018.
- [F2]The options were granted to Mr. Witte in accordance with the Taylor Morrison 2013 Omnibus Equity Award Plan.
- [F3]Pursuant to the terms of the Exchange Agreement dated as of April 9, 2013, Mr. Witte 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.
- [F4]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 typeother
Related Parties
1- filerCIK 0001570189
Filing Metadata
- Form type
- 4
- Filed
- Apr 15, 8:00 PM ET
- Accepted
- Apr 16, 5:19 PM ET
- Size
- 8.7 KB