SEC Form 4 · accession 0000882184-18-000094
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
Nov 2, 2018
Accepted (ET)
Nov 5, 2018 · 5:40 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 | Nov 2, 2018 | M | 23,333 | $0.00 | A | 122,985 | D | |
| Common StockF1 | Nov 4, 2018 | M | 10,000 | $0.00 | A | 132,985 | 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 | — | Nov 2, 2018 | M | 10,000 | D | — | — | Common Stock | 10,000 | 10,000 | D |
| Restricted Stock UnitF1,F3 | — | Nov 2, 2018 | M | 13,333 | D | — | — | Common Stock | 13,333 | 26,667 | D |
| Restricted Stock UnitF1,F4 | — | Nov 4, 2018 | M | 10,000 | D | — | — | Common Stock | 10,000 | 0 | D |
Explanation of responses
- F1Each restricted stock unit converts into one share of DHI common stock.
- F2On November 2, 2016, the reporting person was granted 30,000 restricted stock units, vesting in three annual installments beginning November 2, 2017. The reporting person elected to defer settlement of all restricted stock units, granted on November 2, 2016, to November 2019.
- F3On November 2, 2017, the reporting person was granted 40,000 restricted stock units, vesting in three annual installments beginning November 2, 2018. The reporting person elected to defer settlement of all restricted stock units, granted on November 2, 2017, to November 2020.
- F4On November 4, 2015, the reporting person was granted 30,000 restricted stock units, vesting in three annual installments beginning November 4, 2016. The reporting person elected to defer settlement of all restricted stock units, granted on November 4, 2015, to November 2018.