HORTON D R INC /DE/ — Director's Dealing 2021

May 12, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: HORTON D R INC /DE/ (DHI)
CIK: 0000882184
Period of Report: 2021-05-10

Reporting Person: WHEAT BILL W (EVP and CFO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-05-10	Common Stock	M	30000	$9.97	Acquired	157800	Direct
2021-05-10	Common Stock	F	13542	$104.45	Disposed	144258	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2021-05-10	Stock Option (right to buy)	$9.97	M	30000	Disposed	2021-09-02	Common Stock (30000)	Direct

Footnotes

F1: These shares were surrendered to issuer to cover tax obligations and exercise price of the 30,000 shares of DHI common stock issued by the options exercised by Mr. Wheat on May 10, 2021 reported in Table II of this Form 4.

F2: 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 September 2. September 2, 2012 reflects the one-year anniversary date from the date of the stock option grant.