SEC Form 4 · accession 0000882184-15-000073
HORTON D R INC /DE/ · DHI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Michael W Hewatt
Director
Period of report
Sep 11, 2015
Accepted (ET)
Sep 14, 2015 · 5:49 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000882184
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Sep 11, 2015 | M | 10,000 | $29.44 | A | 16,666 | D | |
| Common StockF1 | Sep 11, 2015 | S | 10,000 | $31.121 | D | 6,666 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Option (right to buy)F2 | $29.44 | Sep 11, 2015 | M | 10,000 | D | May 2, 2007 | May 2, 2016 | Common Stock | 10,000 | 0 | D |
Explanation of responses
- F1Amount includes 6,666 shares of DHI common stock that the reporting person elected to defer settlement of until February 5, 2016.
- F2Stock option has a 10-year term, vested as to 20% of the option grant amount on each of the first five anniversary dates of May 2. May 2, 2007 reflects the one-year anniversary date from the date of the stock option grant.