SEC Form 4 · accession 0000882184-18-000029
HORTON D R INC /DE/ · DHI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Bill W Wheat
Officer — EVP and CFO
Period of report
Feb 12, 2018
Accepted (ET)
Feb 14, 2018 · 5:21 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 Stock | Dec 15, 2017 | G | 14,530 | $0.00 | D | 101,874 | D | |
| Common StockF2 | Feb 12, 2018 | M | 6,580 | — | A | 108,454 | D | |
| Common StockF3,F4 | Feb 13, 2018 | S | 2,670 | $45.0116 | D | 105,784 | 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 UnitF2,F5 | — | Feb 12, 2018 | M | 6,580 | D | — | — | Common Stock | 6,580 | 19,740 | D |
Explanation of responses
- F1This transaction involved a gift of securities to an outside entity. Mr. Wheat disclaims beneficial ownership of the shares gifted.
- F2Each restricted stock unit converts into one share of DHI common stock.
- F3Shares sold to cover withholding tax obligations for the shares vested on February 12, 2018.
- F4The price reported in Column 4 is a weighted average price. The prices actually received ranged from $45.00 to $45.04. 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.
- F5On February 12, 2016, the reporting person was granted 32,900 restricted stock units, vesting in five annual installments beginning February 12, 2017.