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

Jan 24, 2017

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: HORTON D R INC /DE/ (DHI)
CIK: 0000882184
Period of Report: 2017-01-21

Reporting Person: Hewatt Michael W (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2017-01-21	Common Stock	M	4000	—	Acquired	9000	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2017-01-21	Restricted Stock Unit	$	M	4000	Disposed		Common Stock (4000)	Direct

Footnotes

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

F2: On January 21, 2016, the reporting person was granted 12,000 restricted stock units, vesting in three annual installments beginning January 21, 2017. The reporting person elected to defer settlement of all restricted stock units granted on January 21, 2016 until January 2019.