SEC Form 4 · accession 0000882184-16-000181
HORTON D R INC /DE/ · DHI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Barbara K Allen
Director
Period of report
Jul 22, 2016
Accepted (ET)
Jul 26, 2016 · 5:12 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 Stock | Jul 22, 2016 | M | 3,333 | $23.11 | A | 8,983 | D | |
| Common StockF1 | Jul 22, 2016 | S | 3,333 | $33.954 | D | 5,650 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee Stock Option (right to buy)F2 | $23.11 | Jul 22, 2016 | M | 3,333 | D | Jan 29, 2015 | Jan 29, 2024 | Common Stock | 3,333 | 5,000 | D |
Explanation of responses
- F1The price reported in Column 4 is a weighted average price. The prices actually received ranged from $33.951 to $33.965. 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 the first five anniversary dates of January 29. January 29, 2015 reflects the one-year anniversary date from the date of the stock option grant.