SEC Form 4 · accession 0000882184-19-000077
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
Mar 7, 2019
Accepted (ET)
Mar 11, 2019 · 4:05 pm EDT
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 | Mar 7, 2019 | M | 22,500 | — | A | 23,725,027 | D | |
| Common Stock | Mar 7, 2019 | F | 8,325 | $40.56 | D | 23,716,702 | 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 UnitF4,F1,F3 | — | Mar 7, 2019 | M | 22,500 | D | — | — | Common Stock | 22,500 | 42,482 | D |
Explanation of responses
- F1Each restricted stock unit converts into one share of DHI common stock.
- F2These shares were surrendered to issuer to cover tax obligations of the 22,500 shares of DHI common stock issued upon the vesting of the restricted stock units awarded March 7, 2018.
- F3On March 7, 2018, the reporting person was granted 67,500 restricted stock units, vesting in three annual installments beginning March 7, 2019.
- F4Total adjusted to reflect the shares that were surrendered to issuer to cover withholding tax obligations on December 1, 2018.