SEC Form 4 · accession 0000882184-16-000146
HORTON D R INC /DE/ · DHI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Michael J Murray
Officer — EVP and COO
Period of report
Mar 5, 2016
Accepted (ET)
Mar 8, 2016 · 5:25 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 StockF1 | Mar 5, 2016 | M | 6,580 | — | A | 13,193 | D | |
| Common StockF2 | Mar 7, 2016 | S | 2,849 | $28.125 | D | 10,344 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitF1,F3 | — | Mar 5, 2016 | M | 6,580 | D | — | — | Common Stock | 6,580 | 26,320 | D |
Explanation of responses
- F1Each restricted stock unit converts into one share of DHI common stock.
- F2Shares sold to cover withholding tax obligations.
- F3On March 5, 2015, the reporting person was granted 32,900 restricted stock units, vesting in five annual installments beginning March 5, 2016.