SEC Form 4 · accession 0000882184-17-000032
HORTON D R INC /DE/ · DHI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
David V Auld
Officer — President and CEO
Period of report
Feb 12, 2017
Accepted (ET)
Feb 14, 2017 · 6:28 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 | Feb 12, 2017 | M | 12,534 | — | A | 93,821 | 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 | — | Feb 12, 2017 | M | 12,534 | D | — | — | Common Stock | 12,534 | 25,066 | D |
| Restricted Stock UnitF3,F4 | — | Feb 14, 2017 | A | 33,850 | A | — | — | Common Stock | 33,850 | 33,850 | D |
Explanation of responses
- F1Each restricted stock unit converts into one share of DHI common stock.
- F2On February 12, 2016, the reporting person was granted 37,600 restricted stock units, vesting in three annual installments beginning February 12, 2017.
- F3Each restricted stock unit represents a contingent right to receive one share of DHI common stock upon vesting.
- F4The restricted stock units vest in three equal annual installments beginning February 14, 2018.