MERRITT DAVID C 4
4 · Taylor Morrison Home Corp · Filed May 28, 2021
Insider Transaction Report
Form 4
MERRITT DAVID C
Director
Transactions
- Award
Deferred Stock Units
2021-05-26+4,739→ 46,304 total→ Common Stock (4,739 underlying)
Footnotes (2)
- [F1]Each deferred stock unit represents a contingent right to receive one share of Common Stock. The deferred stock units vest one year from the date of grant. The deferred stock units will be settled in shares of Common Stock upon the earlier of the reporting person's separation from service on the Company's board of directors or a change in control.
- [F2]The deferred stock units were acquired by Mr. Merritt pursuant to the terms of the Company's Non-Employee Director Deferred Compensation Plan, under which directors may elect to defer their annual equity award granted pursuant to the Taylor Morrison 2013 Omnibus Equity Award Plan, as amended.