David V. Auld - May 10, 2021 Form 4 Insider Report for HORTON D R INC /DE/ (DHI)

Role
President and CEO
Signature
/s/ David V. Auld
Stock symbol
DHI
Transactions as of
May 10, 2021
Transactions value $
-$2,676,889
Form type
4
Date filed
5/12/2021, 04:57 PM
Previous filing
Oct 30, 2024
Next filing
Sep 28, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction DHI Common Stock Options Exercise $718K +72K +27.1% $9.97* 338K May 10, 2021 Direct
transaction DHI Common Stock Tax liability -$3.39M -32.5K -9.62% $104.45 305K May 10, 2021 Direct F1, F2
holding DHI Common Stock 211K May 10, 2021 Held by Trusts of Mr. Auld's children. F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction DHI Stock Option (right to buy) Options Exercise $0 -72K -100% $0.00* 0 May 10, 2021 Common Stock 72K $9.97 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 These shares were surrendered to issuer to cover tax obligations and exercise price of the 72,000 shares of DHI common stock issued by the options exercised by Mr. Auld on May 10, 2021 reported in Table II of this Form 4.
F2 Following all transactions listed on this Form 4, Mr. Auld owns directly 305,173 shares of DHI common stock and indirectly holds 211,200 shares of DHI Common Stock.
F3 Stock option has a 10-year term, vested as to 20% of the option grant amount on each of the first five anniversary dates of September 2. September 2, 2012 reflects the one-year anniversary date from the date of the stock option grant.