4//SEC Filing
Terracciano Joseph 4
Accession 0000950142-24-000568
CIK 0001562476other
Filed
Feb 26, 7:00 PM ET
Accepted
Feb 27, 8:54 PM ET
Size
11.9 KB
Accession
0000950142-24-000568
Insider Transaction Report
Form 4
Terracciano Joseph
Chief Accounting Officer
Transactions
- Award
Common Stock
2024-02-26+2,240→ 2,240 total - Award
Performance-based restricted stock units
2024-02-26+2,240→ 2,240 total→ Common Stock (2,240 underlying) - Tax Payment
Common Stock
2024-02-26$56.21/sh−658$36,986→ 1,582 total - Exercise/Conversion
Performance-based restricted stock units
2024-02-26−2,240→ 0 total→ Common Stock (2,240 underlying)
Footnotes (3)
- [F1]Represents the vesting and settlement of performance-based vesting restricted stock units ("PSUs") granted by the Issuer on February 16, 2021, under Issuer's 2013 Omnibus Equity Award Plan, as amended. Upon vesting, each PSU is settled in a share of the Issuer's Common Stock.
- [F2]Represents shares of Common Stock withheld by the Issuer to cover tax withholding obligations upon the vesting of PSUs.
- [F3]On February 16, 2021, the Reporting Person received a grant of PSUs representing 1,120 shares of the Issuer's Common Stock (at target). The PSUs cliff vest at the end of a three year performance cycle, generally subject to the Reporting Person's continued employment through the date the compensation committee determines and certifies the applicable level of performance achieved for the fiscal 2023 tranche, with the number of PSUs earned and issued determined based on achievement of return on net asset performance objectives approved by the Issuer's compensation committee for each year of the performance cycle. The compensation committee determined that the objectives for the fiscal 2023 tranche were achieved at a level resulting in 2,240 PSUs being earned by the Reporting Person on February 26, 2024, subject to satisfaction of the vesting conditions for such grant.
Documents
Issuer
Taylor Morrison Home Corp
CIK 0001562476
Entity typeother
Related Parties
1- filerCIK 0001618435
Filing Metadata
- Form type
- 4
- Filed
- Feb 26, 7:00 PM ET
- Accepted
- Feb 27, 8:54 PM ET
- Size
- 11.9 KB