SEC Form 4 · accession 0000882184-18-000128
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 23, 2018
Accepted (ET)
Nov 27, 2018 · 4:27 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 | Nov 23, 2018 | F | 11,805 | $35.81 | D | 121,180 | 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,F3 | — | Nov 26, 2018 | A | 29,650 | A | — | — | Common Stock | 29,650 | 29,650 | D |
Explanation of responses
- F1These shares were surrendered to issuer to cover tax obligations of the 30,000 shares of DHI common stock issued in settlement of time based restricted stock units awarded November 4, 2015 and settled on November 23, 2018.
- F2Each restricted stock unit represents a contingent right to receive one share of DHI common stock upon vesting.
- F3The restricted stock units vest in five equal annual installments beginning November 26, 2019.