SEC Form 4 · accession 0000882184-16-000191
HORTON D R INC /DE/ · DHI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Donald R Horton
Officer — Chairman · Director
Period of report
Nov 2, 2016
Accepted (ET)
Nov 4, 2016 · 4:20 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 | Dec 18, 2015 | G | 4,095 | $0.00 | D | 24,824,217 | D | |
| Common StockF2,F3 | Nov 2, 2016 | M | 325,000 | $0.00 | A | 25,149,217 | 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 UnitF3 | — | Nov 2, 2016 | M | 325,000 | D | — | Nov 2, 2016 | Common Stock | 325,000 | 0 | D |
Explanation of responses
- F1This transaction involved gifts of securities to the trusts of five individuals outside of Mr. Horton's household and is being voluntarily disclosed on this Form 4. Mr. Horton disclaims beneficial ownership of the shares gifted.
- F2Represents settlement in common stock of performance restricted stock units awarded November 7, 2013.
- F3Each restricted stock unit represented a contingent right to receive one share of DHI common stock upon vesting and satisfaction of certain performance goals.