8-K

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, DC 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d)

of the Securities Exchange Act of 1934

Date of report (Date of earliest event reported): May 25, 2023

TAYLOR MORRISON HOME CORPORATION

(Exact Name of Registrant as Specified in its Charter)

4900 N. Scottsdale Road, Suite 2000

Scottsdale, Arizona 85251

(Address of principal executive offices, including zip code)

(480) 840-8100

(Registrant’s telephone number, including area code)

N/A

(Former name or former address, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

Securities registered pursuant to Section 12(b) of the Act:

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 or Rule 12b-2 of the Securities Exchange Act of 1934.

Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

On May 25, 2023, the Compensation Committee of the Board of Directors of Taylor Morrison Home Corporation (the “Company”) approved a form of omnibus amendment (the “Omnibus Amendment”) to the Company’s outstanding restricted stock unit agreements and employee nonqualified option award agreements (other than agreements in respect of equity awards to the Company’s non-employee directors) (the “Agreements”) under its 2013 Omnibus Equity Award Plan (as amended, the “Equity Plan”). The Omnibus Amendment amends Company’s outstanding awards under the Equity Plan to conform the treatment of outstanding Retirement Eligible awards upon a termination without “cause” (as defined in the Agreements) or by the grantee for “good reason” (as defined in the Agreements) with the treatment applicable in the event of the grantee’s retirement. “Retirement Eligible” awards include awards granted at least 12 months prior to the date of termination, which termination occurs at a time when the grantee (i) has completed a minimum of five years of employment with the Company and its subsidiaries and attained at least 55 years of age, and (ii) his or her age plus years of consecutive employment equals at least 70.

The Company held its 2023 Annual Meeting of stockholders on May 25, 2023 (the “2023 Annual Meeting”). At the 2023 Annual Meeting, the Company’s stockholders elected the following eight directors to hold office until the Company’s annual meeting of stockholders to be held in 2024 and until his or her successor is duly elected and qualified: Peter Lane, William H. Lyon, Anne L. Mariucci, David C. Merritt, Andrea (Andi) Owen, Sheryl D. Palmer, Denise F. Warren and Christopher Yip. At the 2023 Annual Meeting, the Company’s stockholders also approved, on an advisory basis, the compensation of the Company’s named executive officers (“say-on-pay”) and ratified the appointment of Deloitte & Touche LLP as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2023.

Proposal No. 1 - Election of Directors

Proposal No. 2 - Advisory Vote on Compensation of Named Executive Officers (“Say-on-Pay”)

Proposal No. 3 - Ratification of Auditors

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

Dated: May 26, 2023