February 26, 2024 · Form 4 insider transaction
VANHYFTE CURTIS sold 14,632 shares of Taylor Morrison Home Corp, a transaction worth N/A. The trade was recorded as option exercise and disclosed on an SEC Form 4, filed 1 day after the transaction.
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.; On February 16, 2021, the Reporting Person received a grant of PSUs representing 7,316 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 14,632 PSUs being earned by the Reporting Person on February 26, 2024, subject to satisfaction of the vesting conditions for such grant.