4//SEC Filing
Hunt Gary H 4
Accession 0000950142-20-000367
CIK 0001562476other
Filed
Feb 9, 7:00 PM ET
Accepted
Feb 10, 6:16 PM ET
Size
8.1 KB
Accession
0000950142-20-000367
Insider Transaction Report
Form 4
Hunt Gary H
Director
Transactions
- Award
Common Stock
2020-02-06+2,130→ 35,410 total - Award
Common Stock
2020-02-06+33,280→ 33,280 total
Footnotes (2)
- [F1]On February 6, 2020, pursuant to that certain Agreement and Plan of Merger dated November 5, 2019 (the "Merger Agreement") among Taylor Morrison Home Corporation (the "Issuer"), Tower Merger Sub, Inc., a wholly owned subsidiary of the Issuer ("Merger Sub"), and William Lyon Homes, Merger Sub merged with and into William Lyon Homes (the "Merger"), with William Lyon Homes surviving as a wholly owned subsidiary of the Issuer. Pursuant to the Merger Agreement, at the effective time of the Merger (the "Effective Time"), each outstanding share of outstanding share of Class A common stock and Class B common stock of William Lyon Homes (other than certain excluded shares as described in the Merger Agreement) was automatically converted in to the right to receive (A) 0.8000 fully paid and non-assessable shares of the Issuer's common stock, having a market value of approximately $21.86 on the date prior to the effective date of the Merger, and (B) $2.50 in cash, without interest.
- [F2]Pursuant to the terms of the Merger Agreement, at the Effective Time, each outstanding award of restricted shares of William Lyon Homes Class A common stock (each, a "WLH Restricted Stock Award") was automatically substituted and converted into an award of a number of whole restricted shares of the Issuer's common stock (rounded to the nearest whole share) equal to the product obtained by multiplying (i) the number of shares of William Lyon Homes Class A common stock subject to such WLH Restricted Stock Award immediately prior to the Effective Time by (ii) the sum (the "Equity Award Exchange Ratio") of (x) 0.8000 and (y) the quotient obtained by dividing $2.50 by the volume weighted average per-share price of the Issuer's common stock during the ten full trading days ending on (and including) the trading day immediately preceding the Effective Time.
Documents
Issuer
Taylor Morrison Home Corp
CIK 0001562476
Entity typeother
Related Parties
1- filerCIK 0001337131
Filing Metadata
- Form type
- 4
- Filed
- Feb 9, 7:00 PM ET
- Accepted
- Feb 10, 6:16 PM ET
- Size
- 8.1 KB