Insider filing report for Changes in Beneficial Ownership
- Schedule 13G & 13D forms are used to report a party's ownership of stock which exceeds 5% of a company's total stock issue.
- Schedule 13G is a shorter version of Schedule 13D with fewer reporting requirements.
- Peter Lynch
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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
(Amendment No. 1)*
Under the Securities Exchange Act of 1934
Taylor Morrison Home Corporation
(Name of Issuer)
Class A Common Stock, par value $0.00001 per share
(Title of Class of Securities)
87724P106
(CUSIP Number)
December 31, 2019
(Date of Event Which Requires Filing of this Statement)
Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
☐ Rule 13d-1(b)
☒ Rule 13d-1(c)
☐ Rule 13d-1(d)
* The remainder of this cover page shall be filled out for a reporting person’s initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page.
The information required in the remainder of this cover page shall not be deemed to be “filed” for the purpose of Section 18 of the Securities Exchange Act of 1934, as amended (the “Act”) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).
CUSIP No. 87724P106 | 13G | Page 2 of 9 | |||
1 |
NAME OF REPORTING PERSON
TPG Advisors VI, Inc. | ||||
2 |
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
a) ☐
b) ☐
| ||||
3 | SEC USE ONLY | ||||
4 | CITIZENSHIP OR PLACE OF ORGANIZATION Delaware | ||||
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH: |
5 | SOLE VOTING POWER - 0 - | |||
6 | SHARED VOTING POWER - 0 - | ||||
7 |
SOLE DISPOSITIVE POWER
- 0 - | ||||
8 | SHARED DISPOSITIVE POWER - 0 - | ||||
9 |
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
| ||||
10 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES ☐ | ||||
11 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 0% | ||||
12 |
TYPE OF REPORTING PERSON
| ||||
CUSIP No. 87724P106 | 13G | Page 3 of 9 | |||
1 |
NAME OF REPORTING PERSON
David Bonderman | ||||
2 |
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
a) ☐
b) ☐
| ||||
3 | SEC USE ONLY | ||||
4 | CITIZENSHIP OR PLACE OF ORGANIZATION United States | ||||
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH: |
5 | SOLE VOTING POWER - 0 - | |||
6 | SHARED VOTING POWER - 0 - | ||||
7 |
SOLE DISPOSITIVE POWER
- 0 - | ||||
8 | SHARED DISPOSITIVE POWER - 0 - | ||||
9 |
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
| ||||
10 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES ☐ | ||||
11 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 0% | ||||
12 |
TYPE OF REPORTING PERSON
| ||||
CUSIP No. 87724P106 | 13G | Page 4 of 9 | |||
1 |
NAME OF REPORTING PERSON
James G. Coulter | ||||
2 |
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
a) ☐
b) ☐
| ||||
3 | SEC USE ONLY | ||||
4 | CITIZENSHIP OR PLACE OF ORGANIZATION United States | ||||
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH: |
5 | SOLE VOTING POWER - 0 - | |||
6 | SHARED VOTING POWER - 0 - | ||||
7 |
SOLE DISPOSITIVE POWER
- 0 - | ||||
8 | SHARED DISPOSITIVE POWER - 0 - | ||||
9 |
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
| ||||
10 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES ☐ | ||||
11 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 0% | ||||
12 |
TYPE OF REPORTING PERSON
| ||||
Item 1(a). | Name of Issuer: |
Taylor Morrison Home Corporation (the “Issuer”)
Item 1(b). | Address of Issuer’s Principal Executive Offices: |
4900 N. Scottsdale Road, Suite 2000
Scottsdale, Arizona 85251
Item 2(a). | Name of Person Filing: |
This Amendment No. 1 to Schedule 13G is being filed jointly by TPG Advisors VI, Inc., a Delaware corporation (“Advisors VI”), David Bonderman and James G. Coulter (each, a “Reporting Person” and, together, the “Reporting Persons”), pursuant to an Agreement of Joint Filing incorporated by reference herein in accordance with Rule 13d-1(k)(1) under the Act.
Advisors VI is the general partner of TPG Aviator, L.P., which directly held shares of Class A Common Stock (as defined below).
Because of Advisors VI’s relationship to TPG Aviator, L.P., Advisors VI may have been deemed to have beneficially owned the securities reported herein. David Bonderman and James G. Coulter are sole shareholders of Advisors VI and may therefore have been deemed to have beneficially owned the securities reported herein. Messrs. Bonderman and Coulter disclaim beneficial ownership of the securities reported herein except to the extent of their pecuniary interest therein.
Item 2(b). | Address of Principal Business Office or, if none, Residence: |
The principal business address of each of the Reporting Persons is as follows:
c/o TPG Global, LLC
301 Commerce Street, Suite 3300
Fort Worth, Texas 76102
Item 2(c). | Citizenship: |
See responses to Item 4 on each cover page.
Item 2(d). | Title of Class of Securities: |
Class A Common Stock, $0.00001 par value (“Class A Common Stock”)
Item 2(e). | CUSIP Number: |
87724P106
Item 3. |
If This Statement is Filed Pursuant to §§240.13d-1(b) or 240.13d-2(b) or (c), Check Whether the Person Filing is a: |
(a) | ☐ Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o); |
(b) | ☐ Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c); |
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(c) | ☐ Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c); |
(d) | ☐ Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C 80a-8); |
(e) | ☐ An investment adviser in accordance with §240.13d-1(b)(1)(ii)(E); |
(f) | ☐ An employee benefit plan or endowment fund in accordance with §240.13d-1(b)(1)(ii)(F); |
(g) | ☐ A parent holding company or control person in accordance with §240.13d-1(b)(1)(ii)(G); |
(h) | ☐ A savings association as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813); |
(i) | ☐ A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3); | |
(j) | ☐ A non-U.S. institution in accordance with §240. 13d-1(b)(1)(ii)(J); |
(k) | ☐ Group in accordance with Rule 13d-1(b)(1)(ii)(K). |
If filing as a non-U.S. institution in accordance with §240. 13d-1(b)(1)(ii)(J), please specify the type of institution: ______________
Item 4. | Ownership |
(a) | Amount Beneficially Owned: |
See responses to Item 9 on each cover page.
(b) | Percent of Class: |
See responses to Item 11 on each cover page.
(c) | Number of shares as to which such person has: |
(i) |
Sole power to vote or to direct the vote:
See responses to Item 5 on each cover page.
| |
(ii) |
Shared power to vote or to direct the vote:
See responses to Item 6 on each cover page.
| |
(iii) |
Sole power to dispose or to direct the disposition of:
See responses to Item 7 on each cover page. |
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(iv) |
Shared power to dispose or to direct the disposition of:
See responses to Item 8 on each cover page. |
Item 5. | Ownership of Five Percent or Less of a Class. |
If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than five percent of the class of securities, check the following ☒.
Item 6. | Ownership of More than Five Percent on Behalf of Another Person. |
Not Applicable.
Item 7. |
Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on By the Parent Holding Company or Control Person. |
See response to Item 2(a) above.
Item 8. | Identification and Classification of Members of the Group. |
Not Applicable.
Item 9. | Notice of Dissolution of Group. |
Not Applicable.
Item 10. |
Certifications. |
By signing below each of the undersigned certifies that, to the best of its or his knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under § 240.14a-11.
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SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.
Dated: February 13, 2020
TPG Advisors VI, Inc. | ||
By: | ||
Name: Michael LaGatta | ||
Title: Vice President | ||
David Bonderman | ||
By: | ||
Name: Bradford Berenson, on behalf of David Bonderman (1) | ||
James G. Coulter | ||
By: | ||
Name: Bradford Berenson, on behalf of James G. Coulter (2) |
(1) Bradford Berenson is signing on behalf of Mr. Bonderman pursuant to an authorization and designation letter dated March 13, 2018, which was previously filed with the Securities and Exchange Commission (the “Commission”) as an exhibit to a Schedule 13G filed by Mr. Bonderman on April 2, 2018 (SEC File No. 005-90172).
(2) Bradford Berenson is signing on behalf of Mr. Coulter pursuant to an authorization and designation letter dated March 13, 2018, which was previously filed with the Commission as an exhibit to a Schedule 13G filed by Mr. Coulter on April 2, 2018 (SEC File No. 005-90172).
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Exhibit Index
Exhibit 1 | Agreement of Joint Filing as required by Rule 13d-1(k)(1) under the Securities Exchange Act of 1934.* |
* Incorporated herein by reference to the Agreement of Joint Filing by TPG Advisors II, Inc., TPG Advisors III, Inc., TPG Advisors V, Inc., TPG Advisors VI, Inc., T3 Advisors, Inc., T3 Advisors II, Inc., TPG Group Holdings (SBS) Advisors, Inc., David Bonderman and James G. Coulter, dated as of February 14, 2011, which was previously filed with the Commission as Exhibit 1 to Schedule 13G filed by TPG Group Holdings (SBS) Advisors, Inc., David Bonderman and James G. Coulter on February 14, 2011.
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