SEC Form 4 · accession 0000882184-15-000093
HORTON D R INC /DE/ · DHI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Bradley S Anderson
Director
Period of report
Nov 24, 2015
Accepted (ET)
Nov 24, 2015 · 5:26 pm EST
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 Stock | Nov 24, 2015 | M | 10,000 | $29.44 | A | 27,614 | D | |
| Common StockF1 | Nov 24, 2015 | S | 10,000 | $32.4769 | D | 17,614 | 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 | Nov 24, 2015 | M | 10,000 | D | May 2, 2007 | May 2, 2016 | Common Stock | 10,000 | 0 | D |
Explanation of responses
- F1The price reported in Column 4 is a weighted average price. The prices actually received ranged from $32.470 to $32.477. 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.
- 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.