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

Signature
/s/ David V. Auld
Issuer symbol
DHI
Transactions as of
10 May 2021
Net transactions value
-$2,676,889
Form type
4
Filing time
12 May 2021, 16:57:22 UTC
Previous filing
30 Oct 2024
Next filing
28 Sep 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction DHI Common Stock Options Exercise $717,840 +72,000 +27% $9.97* 337,674 10 May 2021 Direct
transaction DHI Common Stock Tax liability $3,394,729 -32,501 -9.6% $104.45 305,173 10 May 2021 Direct F1, F2
holding DHI Common Stock 211,200 10 May 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 -72,000 -100% $0.000000* 0 10 May 2021 Common Stock 72,000 $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.