SEC Form 4 · accession 0000882184-19-000025
HORTON D R INC /DE/ · DHI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
David V Auld
Officer — President and CEO
Period of report
Jan 29, 2019
Accepted (ET)
Jan 31, 2019 · 4:09 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 27, 2018 | G | 18,644 | $0.00 | D | 320,537 | D | |
| Common Stock | Jan 29, 2019 | M | 60,000 | $9.03 | A | 380,537 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee Stock Option (right to buy)F2 | $9.03 | Jan 29, 2019 | M | 60,000 | D | Feb 9, 2010 | Feb 9, 2019 | Common Stock | 60,000 | 0 | D |
Explanation of responses
- F1This transaction involved a gift of securities to an outside entity. Mr. Auld disclaims beneficial ownership of the shares gifted.
- F2Stock option has a 10-year term, vested as to 10% of the option grant amount on each of the first nine anniversary dates of February 9 and vests as to the remaining 10% 9.75 years after the option grant date of February 9, 2009. February 9, 2010 reflects the one-year anniversary date from the date of the stock option grant.