SEC Form 4 · accession 0000882184-16-000209
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
Dec 1, 2016
Accepted (ET)
Dec 5, 2016 · 4:07 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,F2 | Dec 1, 2016 | M | 3,658 | $0.00 | A | 25,016,537 | D | |
| Common Stock | Dec 1, 2016 | F | 3,658 | $27.31 | D | 25,012,879 | 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,F2,F4 | — | Dec 1, 2016 | M | 3,658 | D | — | — | Common Stock | 3,658 | 90,342 | D |
Explanation of responses
- F1Represents common stock acquired by the vesting of a portion of the 94,000 restricted stock units awarded February 12, 2016 to cover withholding tax obligations.
- F2Each restricted stock unit represents a contingent right to receive one share of DHI common stock upon vesting.
- F3These shares were surrendered to issuer to cover withholding tax obligations of the 94,000 restricted stock units awarded February 12, 2016.
- F4On February 12, 2016, the reporting person was granted 94,000 restricted stock units.