David V. Auld - 26 Nov 2021 Form 4 Insider Report for HORTON D R INC /DE/ (DHI)

Role
President and CEO
Signature
/s/ David V. Auld
Issuer symbol
DHI
Transactions as of
26 Nov 2021
Transactions value $
-$438,450
Form type
4
Filing time
30 Nov 2021, 15:03:56
Previous filing
29 Oct 2021
Next filing
03 Dec 2021
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction DHI Common Stock Options Exercise +11.3K +2.28% 506K 26 Nov 2021 Direct F1
transaction DHI Common Stock Tax liability -$438K -4.44K -0.88% $98.75 502K 26 Nov 2021 Direct F2, F3
holding DHI Common Stock 211K 26 Nov 2021 Held by Trusts of Mr. Auld's children. F3

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 Restricted Stock Unit Options Exercise $0 -11.3K -100% $0.00* 0 26 Nov 2021 Common Stock 11.3K Direct F1, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted stock unit converts into one share of DHI common stock.
F2 These shares were surrendered to issuer to cover tax obligations of the 11,283 shares of DHI common stock issued upon the vesting of the restricted stock units awarded November 26, 2018.
F3 Following all transactions listed on this Form 4, Mr. Auld owns directly 501,523 shares of DHI common stock and indirectly holds 211,200 shares of DHI Common Stock.
F4 On November 26, 2018, the reporting person was granted 33,850 restricted stock units, vesting in three annual installments beginning November 26, 2019.