HORTON D R INC /DE/ — Director's Dealing 2016

Mar 8, 2016

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: HORTON D R INC /DE/ (DHI)
CIK: 0000882184
Period of Report: 2016-03-05

Reporting Person: Murray Michael J (EVP and COO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2016-03-05	Common Stock	M	6580	—	Acquired	13193	Direct
2016-03-07	Common Stock	S	2849	$28.125	Disposed	10344	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2016-03-05	Restricted Stock Unit	$	M	6580	Disposed		Common Stock (6580)	Direct

Footnotes

F1: Each restricted stock unit converts into one share of DHI common stock.

F2: Shares sold to cover withholding tax obligations.

F3: On March 5, 2015, the reporting person was granted 32,900 restricted stock units, vesting in five annual installments beginning March 5, 2016.