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UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES 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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Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | |||
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number. | SEC 1474 (9-02) |
1. Title of Derivative Security (Instr. 3) |
2. Conversion or Exercise Price of Derivative Security | 3. Transaction Date (Month/Day/Year) | 3A. Deemed Execution Date, if any (Month/Day/Year) | 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 (Month/Day/Year) |
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) |
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Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||||||
Restricted Stock Units | (1) | 02/13/2019 | M | 25,811 | (5) | (5) | Class A Common Stock | 25,811 | (8) | 25,812 | D | ||||
Restricted Stock Units | (2) | 02/13/2019 | M | 14,015 | (6) | (6) | Class A Common Stock | 14,015 | (8) | 0 | D | ||||
Restricted Stock Units | (3) | 02/13/2019 | M | 13,982 | (7) | (7) | Class A Common Stock | 13,982 | (8) | 27,964 | D |
Reporting Owner Name / Address | Relationships | |||
Director | 10% Owner | Officer | Other | |
Palmer Sheryl 4900 N. SCOTTSDALE ROAD, SUITE 2000 SCOTTSDALE, AZ 85251 |
X | Chairman, President and CEO |
/s/ Sheryl Palmer | 02/15/2019 | |
**Signature of Reporting Person | Date |
* | If the form is filed by more than one reporting person, see Instruction 4(b)(v). |
** | Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). |
(1) | Represents settlement of restricted stock units ("RSUs") on February 13, 2019, which vested on February 8, 2019, through the issuance of one share of Class A Common Stock for each vested RSU. |
(2) | Represents settlement of RSUs on February 13, 2019, which vested on February 9, 2019, through the issuance of one share of Class A Common Stock for each vested RSU. |
(3) | Represents settlement of RSUs on February 13, 2019, which vested on February 12, 2019, through the issuance of one share of Class A Common Stock for each vested RSU. |
(4) | Represents shares of Class A Common Stock withheld by the Issuer to cover tax withholding obligations upon the vesting of RSUs. |
(5) | On February 8, 2016, the reporting person was granted 77,434 RSUs, vesting in three equal installments of 33 1/3% on each of February 8, 2018, February 8, 2019 and February 8, 2020. |
(6) | On February 9, 2015, the Reporting Person was granted 42,045 RSUs, vesting in three equal installments of 33 1/3% on each of February 9, 2017, February 9, 2018, and February 9, 2019. |
(7) | On February 12, 2018, the reporting person was granted 41,946 RSUs, vesting in three equal installments of 33 1/3% on each of February 12, 2019, February 12, 2020, and February 12, 2021. |
(8) | The RSUs were granted to the Reporting Person pursuant to the Taylor Morrison 2013 Omnibus Equity Award Plan, as amended. |