SEC Form 4 · accession 0000882184-18-000040
HORTON D R INC /DE/ · DHI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Michael J Murray
Officer — EVP and COO
Period of report
Feb 14, 2018
Accepted (ET)
Feb 16, 2018 · 4:05 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 14, 2018 | M | 5,930 | — | A | 59,144 | D | |
| Common StockF2 | Feb 15, 2018 | S | 2,357 | $45.00 | D | 56,787 | 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,F3 | — | Feb 14, 2018 | M | 5,930 | D | — | — | Common Stock | 5,930 | 23,720 | D |
Explanation of responses
- F1Each restricted stock unit converts into one share of DHI common stock.
- F2Shares sold to cover withholding tax obligations for the shares vested on February 14, 2018.
- F3On February 14, 2017, the reporting person was granted 29,650 restricted stock units, vesting in five annual installments beginning February 14, 2018.