David V. Auld - 09 Dec 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: 09 Dec 2021
Net transactions value: -$2,043,942
Form type: 4
Filing time: 13 Dec 2021, 15:47:19 UTC
Previous filing: 03 Dec 2021
Next filing: 21 Mar 2022
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	$763,520	+32,000	+6.4%	$23.86^*	533,523	09 Dec 2021	Direct
transaction	DHI	Common Stock	Sale	$3,475,542	-32,000	-6%	$108.61	501,523	09 Dec 2021	Direct	F1
transaction	DHI	Common Stock	Options Exercise	$668,080	+28,000	+5.6%	$23.86^*	529,523	10 Dec 2021	Direct	F2
holding	DHI	Common Stock						211,200	09 Dec 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	-32,000	-53%	$0.000000	28,000	09 Dec 2021	Common Stock	32,000	$23.86	Direct	F3
transaction	DHI	Stock Option (right to buy)	Options Exercise	$0	-28,000	-100%	$0.000000^*	0	10 Dec 2021	Common Stock	28,000	$23.86	Direct	F3

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	The price reported in Column 4 is a weighted average price. The prices actually received ranged from $108.43 to $108.78. The reporting person has provided to the issuer and will provide any security holder of the issuer, or the SEC staff, upon request, information regarding the number of shares sold at each price within the range.
F2	Following all transactions listed on this Form 4, Mr. Auld owns directly 529,523 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 March 6. March 6, 2015 reflects the one-year anniversary date from the date of the stock option grant.