SEC Form 4 · accession 0000882184-18-000139
HORTON D R INC /DE/ · DHI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Donald R Horton
Officer — Chairman · Director
Period of report
Nov 30, 2018
Accepted (ET)
Dec 3, 2018 · 4:07 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 27, 2018 | G | 3,717 | $0.00 | D | 23,533,899 | D | |
| Common StockF2,F3 | Nov 30, 2018 | M | 2,518 | $0.00 | A | 23,536,417 | D | |
| Common StockF4,F3 | Nov 30, 2018 | M | 3,156 | $0.00 | A | 23,539,573 | D | |
| Common Stock | Nov 30, 2018 | F | 5,674 | $37.22 | D | 23,533,899 | 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,F6 | — | Nov 30, 2018 | M | 2,518 | D | — | — | Common Stock | 2,518 | 64,982 | D |
| Restricted Stock UnitF4,F3,F7 | — | Nov 30, 2018 | M | 3,156 | D | — | — | Common Stock | 3,156 | 81,444 | D |
Explanation of responses
- F1This transaction involved gifts of securities to the trusts of five individuals outside of Mr. Horton's household and is being voluntarily disclosed on this Form 4. Mr. Horton disclaims beneficial ownership of the shares gifted.
- F2Represents common stock acquired by the vesting of a portion of the 67,500 restricted stock units awarded March 7, 2018 to cover withholding tax obligations.
- F3Each restricted stock unit represents a contingent right to receive one share of DHI common stock upon vesting.
- F4Represents common stock acquired by the vesting of a portion of the 84,600 restricted stock units awarded November 26, 2018 to cover withholding tax obligations.
- F5These shares were surrendered to issuer to cover withholding tax obligations of the 67,500 restricted stock units awarded March 7, 2018 and the 84,600 restricted stock units awarded November 26, 2018.
- F6On March 7, 2018, the reporting person was granted 67,500 restricted stock units.
- F7On November 26, 2018, the reporting person was granted 84,600 restricted stock units.