HORTON D R INC /DE/ — Director's Dealing 2014

Mar 10, 2014

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: HORTON D R INC /DE/ (DHI)
CIK: 0000882184
Period of Report: 2014-03-06

Reporting Person: WHEAT BILL W (EVP and CFO)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2014-03-06	Employee Stock Option (right to buy)	$23.86	A	60000	Acquired	2024-03-06	Common Stock (60000)	Direct

Footnotes

F1: Date reflects one-year anniversary date from the date of the stock option grant. The stock option grant was granted March 6, 2014, has a ten-year term and vests as to 20% of the option shares on the first five anniversary dates of March 6. Accordingly, on March 6, 2015, the initial 20% or 12,000 options will vest.

F2: There was no "price" associated with this option grant other than the "exercise price" reported in column 2 to Table II.