Taylor Morrison director granted 3,287 deferred units
Lane Peter R. reported acquisition or exercise transactions in this Form 4 filing.
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Rhea-AI Filing Summary
Lane Peter R. reported acquisition or exercise transactions in this Form 4 filing.
Taylor Morrison Home Corp director Peter R. Lane received an award of 3,287 Deferred Stock Units, each representing a contingent right to one share of common stock. Following this grant, he holds 77,191 Deferred Stock Units directly.
The units vest on the earlier of the first anniversary of the grant date or the next annual meeting of stockholders. They will be settled in shares of common stock upon Mr. Lane’s separation from the board or a change in control, under the company’s non-employee director deferred compensation plan.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Deferred Stock Units | 3,287 | $0.00 | $0.00 |
Footnotes (2)
- F1. Each deferred stock unit represents a contingent right to receive one share of Common Stock. The deferred stock units shall be vested upon the earlier of (i) the first anniversary of the date of grant and (ii) the date of the Company's annual meeting of stockholders immediately following the date of grant. The deferred stock units will be settled in shares of Common Stock upon the earlier of (i) the reporting person's separation from service on the Company's board of directors or (ii) a change in control.
- F2. The deferred stock units were acquired by Mr. Lane 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.
Key Figures
Key Terms
Deferred Stock Units financial
Non-Employee Director Deferred Compensation Plan financial
Taylor Morrison 2013 Omnibus Equity Award Plan financial
change in control financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Peter R. Lane report at Taylor Morrison (TMHC)?
How many Taylor Morrison Deferred Stock Units does Peter R. Lane hold after this Form 4?
What is a Deferred Stock Unit in the Taylor Morrison (TMHC) Form 4 filing?
When do Peter R. Lane’s Taylor Morrison Deferred Stock Units vest and settle?
Under which plans were Peter R. Lane’s Taylor Morrison Deferred Stock Units granted?
Is Peter R. Lane’s Form 4 transaction a market purchase or sale of TMHC stock?
AI-generated analysis. How Rhea-AI works. Not financial advice.