HORTON D R INC /DE/ — Director's Dealing 2017

Mar 8, 2017

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: HORTON D R INC /DE/ (DHI)
CIK: 0000882184
Period of Report: 2017-03-05

Reporting Person: HORTON DONALD R (Director, Chairman)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2017-03-05	Common Stock	M	31333	—	Acquired	23058492	Direct
2017-03-06	Common Stock	S	12513	$32.302	Disposed	23045979	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2017-03-05	Restricted Stock Unit	$	M	31333	Disposed		Common Stock (31333)	Direct

Footnotes

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

F2: Shares sold to cover withholding tax obligations for the shares vested on March 5, 2017.

F3: The price reported in Column 4 is a weighted average price. The prices actually received ranged from $32.11 to $32.30. 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 within the range.

F4: On March 5, 2015, the reporting person was granted 94,000 restricted stock units, vesting in three annual installments beginning March 5, 2016.

F5: Total adjusted to reflect shares that were surrendered to issuer to cover withholding tax obligations on December 1, 2015.