Sec Form 3 Filing - Steffens Louis @ Taylor Morrison Home Corp - 2022-01-01

Insider filing report for Changes in Beneficial Ownership
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FORM 3
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person
Steffens Louis
2. Issuer Name and Ticker or Trading Symbol
Taylor Morrison Home Corp [ TMHC]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
X __ Officer (give title below) _____ Other (specify below)
EVP and CFO
(Last) (First) (Middle)
4900 N. SCOTTSDALE ROAD, SUITE 2000
3. Date of Earliest Transaction (MM/DD/YY)
01/01/2022
(Street)
SCOTTSDALE, AZ85251
4. If Amendment, Date Original Filed (MM/DD/YY)
6. Individual or Joint/Group Filing (Check Applicable Line)
__ X __ Form filed by One Reporting Person
_____ Form filed by More than One Reporting Person
(City) (State) (Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 3. Transaction Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)
7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 8,890 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 4. Transaction Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)
6. Date Exercisable and Expiration Date
(MM/DD/YY)
7. Title and Amount of Underlying Securities
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)
11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Employee Stock Option (Right to buy) $ 23.84 ( 1 ) 02/12/2028 Common Stock 19,797 D
Employee Stock Option (Right to buy) $ 18.18 ( 2 ) 02/19/2029 Common Stock 27,926 D
Employee Stock Option (Right to buy) $ 26.28 ( 3 ) 02/10/2030 Common Stock 29,494 D
Employee Stock Option (Right to buy) $ 28.32 ( 4 ) 02/16/2031 Common Stock 28,886 D
Restricted Stock Units ( 6 ) ( 5 ) ( 5 ) Common Stock 4,813 D
Restricted Stock Units ( 6 ) ( 7 ) ( 7 ) Common Stock 10,655 D
Restricted Stock Units ( 6 ) ( 8 ) ( 8 ) Common Stock 14,831 D
Performance-based Restricted Stock Units ( 9 ) ( 9 ) ( 9 ) Common Stock 10,866 D
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Steffens Louis
4900 N. SCOTTSDALE ROAD, SUITE 2000
SCOTTSDALE, AZ85251
EVP and CFO
Signatures
/s/ Darrell Sherman, as Attorney-in-Fact 01/10/2022
Signature of Reporting Person Date
Explanation of Responses:
( 1 )Of these stock options, 9,898 are fully vested and the remainder vest on February 12, 2022, subject to certain conditions.
( 2 )These stock options vest in equal installments on each of February 19, 2022 and February 19, 2023, subject to certain conditions.
( 3 )Of these stock options, 7,373 are fully vested and the remainder vest in substantially equal installments on February 10, 2022, February 10, 2023, and February 10, 2024, subject to certain conditions.
( 4 )These stock options vest in substantially equal installments on each of February 16, 2022, February 16, 2023, February 16, 2024, and February 16, 2025, subject to certain conditions.
( 5 )These restricted stock units vest on February 19, 2022, subject to certain conditions.
( 6 )Each restricted stock unit represents a contingent right to receive one share of Common Stock.
( 7 )These restricted stock units vest in substantially equal installments on each of February 10, 2022 and February 10, 2023, subject to certain conditions.
( 8 )These restricted stock units vest in substantially equal installments on each of February 16, 2022, February 16, 2023 and February 16, 2024, subject to certain conditions.
( 9 )On February 19, 2019, the Reporting Person received a grant of PSUs representing 14,439 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 applicable vesting date, 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 first tranche (2019) and second tranche (2020) were achieved at a level resulting in an aggregate of 10,866 PSUs being earned by the Reporting Person, subject to satisfaction of the vesting conditions for such grant.

Remarks:
Exhibit 24 - Power of Attorney

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