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Ownership Document |
Schema Version: X0508 |
Document Type: 4 |
Period of Report: 3/13/24 |
Not Subject to Section 16: 0 |
Issuer: |
| Issuer CIK: 1561680 |
| Issuer Name: Tri Pointe Homes, Inc. |
| Issuer Trading Symbol: TPH |
Reporting Owner: |
| Reporting Owner ID: |
| | Owner CIK: 1130753 |
| | Owner Name: MITCHELL THOMAS J. |
| Reporting Owner Address: |
| | Owner Street 1: C/O TRI POINTE HOMES, INC. |
| | Owner Street 2: 940 SOUTHWOOD BLVD, SUITE 200 |
| | Owner City: INCLINE VILLAGE |
| | Owner State: NV |
| | Owner ZIP Code: 89451 |
| | Owner State Description: |
| Reporting Owner Relationship: |
| | Is Director? No |
| | Is Officer? Yes |
| | Is Ten Percent Owner? No |
| | Is Other? No |
| | Officer Title: President and COO |
Aff 10b5 One: 0 |
Non-Derivative Table: |
| Non-Derivative Transaction: |
| | Security Title: |
| | | Value: Common Stock |
| | Transaction Date: |
| | | Value: 3/13/24 |
| | Transaction Coding: |
| | | Transaction Form Type: 4 |
| | | Transaction Code: M |
| | | Equity Swap Involved? No |
| | Transaction Amounts: |
| | | Transaction Shares: |
| Value: 51,533 |
| | | Transaction Price Per Share: |
| Value: 16.17 |
| | | Transaction Acquired-Disposed Code: |
| Value: A |
| | Post-Transaction Amounts: |
| | | Shares Owned Following Transaction: |
| Value: 837,076 |
| | Ownership Nature: |
| | | Direct or Indirect Ownership: |
| Value: D |
| Non-Derivative Transaction: |
| | Security Title: |
| | | Value: Common Stock |
| | Transaction Date: |
| | | Value: 3/13/24 |
| | Transaction Coding: |
| | | Transaction Form Type: 4 |
| | | Transaction Code: S |
| | | Equity Swap Involved? No |
| | Transaction Amounts: |
| | | Transaction Shares: |
| Value: 51,533 |
| | | Transaction Price Per Share: |
| Value: 35.22 |
| Footnote ID: F1 |
| | | Transaction Acquired-Disposed Code: |
| Value: D |
| | Post-Transaction Amounts: |
| | | Shares Owned Following Transaction: |
| Value: 785,543 |
| | Ownership Nature: |
| | | Direct or Indirect Ownership: |
| Value: D |
| Non-Derivative Holding: |
| | Security Title: |
| | | Value: Common Stock |
| | Post-Transaction Amounts: |
| | | Shares Owned Following Transaction: |
| Value: 610,000 |
| | Ownership Nature: |
| | | Direct or Indirect Ownership: |
| Value: I |
| | | Nature of Ownership: |
| Value: See Note |
| Footnote ID: F2 |
Derivative Table: |
| Derivative Transaction: |
| | Security Title: |
| | | Value: Stock Option (Right to Buy) |
| | Conversion or Exercise Price: |
| | | Value: 16.17 |
| | Transaction Date: |
| | | Value: 3/13/24 |
| | Transaction Coding: |
| | | Transaction Form Type: 4 |
| | | Transaction Code: M |
| | | Equity Swap Involved? No |
| | Transaction Amounts: |
| | | Transaction Shares: |
| Value: 51,533 |
| | | Transaction Price Per Share: |
| Value: 0 |
| | | Transaction Acquired-Disposed Code: |
| Value: D |
| | Exercise Date: |
| | | Footnote ID: F3 |
| | Expiration Date: |
| | | Value: 4/7/24 |
| | Underlying Security: |
| | | Underlying Security Title: |
| Value: Common Stock |
| | | Underlying Security Shares: |
| Value: 51,533 |
| | Post-Transaction Amounts: |
| | | Shares Owned Following Transaction: |
| Value: 0 |
| | Ownership Nature: |
| | | Direct or Indirect Ownership: |
| Value: D |
Footnotes: |
| Footnote - F1: The sales price is a weighted average price. The shares were sold in multiple transactions ranging from $35.00 to $35.44, inclusive. The reporting person undertakes to provide Tri Pointe Homes, Inc. or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range. |
| Footnote - F2: By The Mitchell Family Trust. |
| Footnote - F3: On April 7, 2014, Mr. Mitchell was granted an option to purchase a total of 51,533 shares of common stock, which vested in three equal installments on April 7, 2015, 2016 and 2017. |
Remarks: |
Owner Signature: |
| Signature Name: /s/ Glenn J. Keeler, attorney-in-fact |
| Signature Date: 3/13/24 |