GRUBBS MICHAEL D. 4
4 · TRI Pointe Group, Inc. · Filed Feb 20, 2018
Insider Transaction Report
Form 4
GRUBBS MICHAEL D
See Remarks
Transactions
- Award
Common Stock
2018-02-15+50,743→ 123,059 total - Tax Payment
Common Stock
2018-02-15$17.35/sh−17,619$305,690→ 105,440 total
Holdings
- 245,585(indirect: See Note)
Common Stock
Footnotes (4)
- [F1]Represents shares of common stock issued pursuant to the vesting of performance-based restricted stock units that were granted to the reporting person on March 9, 2015 that were eligible to vest based on attainment of certain earnings per share performance goals (the "RSU Awards"). The Compensation Committee of the issuer's board of directors determined that, based on the issuer's performance over the performance period, 50,743 RSU Awards would vest and be settled into an equal number of shares of common stock, in accordance with the terms of the RSU Awards.
- [F2]91,512 performance-based restricted stock units granted to the reporting person on March 9, 2015, and previously reported in Table I of Form 4 on March 11, 2015, were forfeited on February 15, 2018 for no value.
- [F3]Withholding of shares incident to vesting of the RSU Awards.
- [F4]By The Grubbs Family Trust.