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HORTON D R INC /DE/ — Director's Dealing 2021
Apr 1, 2021
30013_dirs_2021-04-01_363b9361-8c40-4b90-bdef-f4f40322947d.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: HORTON D R INC /DE/ (DHI)
CIK: 0000882184
Period of Report: 2021-03-30
Reporting Person: HORTON DONALD R (Director, Chairman)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2021-03-30 | Common Stock | G | 47195 | $0.0 | Disposed | 0.0 | Direct |
| 2021-03-31 | Common Stock | M | 300000 | $9.97 | Acquired | 300000 | Direct |
| 2021-03-31 | Common Stock | M | 150000 | $23.8 | Acquired | 450000 | Direct |
| 2021-03-31 | Common Stock | M | 150000.0 | $23.860 | Acquired | 600000 | Direct |
| 2021-03-31 | Common Stock | F | 305109 | $89.12 | Disposed | 294891 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2021-03-31 | Stock Option (right to buy) | $9.97 | M | 300000 | Disposed | 2021-09-02 | Common Stock (300000) | Direct |
| 2021-03-31 | Stock Option (right to buy) | $23.8 | M | 150000 | Disposed | 2023-03-05 | Common Stock (150000) | Direct |
| 2021-03-31 | Stock Option (right to buy) | $23.86 | M | 150000.0 | Disposed | 2024-03-06 | Common Stock (150000.0) | Direct |
Footnotes
F1: Shares contributed to the Horton Family Limited Partnership II for tax and estate planning purposes.
F2: These shares were surrendered to issuer to cover tax obligations and exercise prices of the 600,000 shares of DHI common stock issued by the options exercised by Mr. Horton on March 31, 2021 reported in Table II of this Form 4.
F3: Stock option has a 10-year term, vested as to 33.3% of the option grant amount on each of the first three anniversary dates of September 2. September 2, 2012 reflects the one-year anniversary date from the date of the stock option grant.
F4: Stock option has a 10-year term, vested as to 33.3% of the option grant amount on each of the first three anniversary dates of March 5. March 5, 2014 reflects the one-year anniversary date from the date of the stock option grant.
F5: Stock option has a 10-year term, vested as to 33.3% of the option grant amount on each of the first three anniversary dates of March 6. March 6, 2015 reflects the one-year anniversary date from the date of the stock option grant.