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HORTON D R INC /DE/ — Director's Dealing 2012
Sep 21, 2012
30013_dirs_2012-09-21_150f4f94-feda-4040-847f-be2970deb165.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: HORTON D R INC /DE/ (DHI)
CIK: 0000882184
Period of Report: 2012-09-19
Reporting Person: TOMNITZ DONALD J (Director, President and CEO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2012-09-19 | Common Stock | M | 160000 | $14.50 | Acquired | 1229739 | Direct |
| 2012-09-19 | Common Stock | M | 120000 | $9.03 | Acquired | 1349739 | Direct |
| 2012-09-19 | Common Stock | M | 66667 | $9.97 | Acquired | 1416406 | Direct |
| 2012-09-19 | Common Stock | S | 346667 | $22.006 | Disposed | 1069739 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2012-09-19 | Employee Stock Option (right to buy) | $14.50 | M | 160000 | Disposed | 2018-02-11 | Common Stock (160000) | Direct |
| 2012-09-19 | Employee Stock Option (right to buy) | $9.03 | M | 120000 | Disposed | 2019-02-09 | Common Stock (120000) | Direct |
| 2012-09-19 | Employee Stock Option (right to buy) | $9.97 | M | 66667 | Disposed | 2021-09-02 | Common Stock (66667) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 20568 | Indirect |
Footnotes
F1: The price reported in Column 4 is a weighted average price. The prices actually ranged from $22.00 to $22.05. The reporting person has provided to the issuer and will provide any security holder of the issuer, or the SEC staff, upon request, information regarding the number of shares sold at each price withing the range.
F2: Following all transactions listed on this Form 4, Mr. Tomnitz owns directly 1,069,739 shares of DHI common stock and owns indirectly 20,568 shares of DHI common stock.
F3: Stock option has a 10-year term, vested as to 20% of the option grant amount on each of the first five anniversary dates of February 11. February 11, 2009 reflects the one-year anniversary date from the date of the stock option grant.
F4: Stock option has a 10-year term, vested as to 20% of the option grant amount on each of the first five anniversary dates of February 9. February 9, 2010 reflects the one-year anniversary date from the date of the stock option grant.
F5: Stock option has a 10-year term, vested as to 33 1/3% of the option grant amount on each of the first three anniversary dates of September 2. September 2, 2012 reflects the one-year anniversary date from the date of the stock option grant.