SEC Form 4 · accession 0000882184-19-000033
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
Feb 12, 2019
Accepted (ET)
Feb 14, 2019 · 5:09 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 | Feb 4, 2019 | G | 3,573 | $0.00 | D | 23,667,326 | D | |
| Common StockF2 | Feb 12, 2019 | M | 27,675 | — | A | 23,695,001 | D | |
| Common Stock | Feb 12, 2019 | F | 10,240 | $40.61 | D | 23,684,761 | 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,F4 | — | Feb 12, 2019 | M | 27,675 | D | — | — | Common Stock | 27,675 | 0 | 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.
- F2Each restricted stock unit converts into one share of DHI common stock.
- F3These shares were surrendered to issuer to cover tax obligations of the 27,675 shares of DHI common stock issued upon the vesting of the restricted stock units awarded February 12, 2016.
- F4On February 12, 2016, the reporting person was granted 94,000 restricted stock units, vesting in three annual installments beginning February 12, 2017.