Bill W. Wheat - Feb 14, 2022 Form 4 Insider Report for HORTON D R INC /DE/ (DHI)

Role
EVP and CFO
Signature
/s/ Bill W. Wheat
Stock symbol
DHI
Transactions as of
Feb 14, 2022
Transactions value $
-$197,670
Form type
4
Date filed
2/16/2022, 02:38 PM
Previous filing
Dec 13, 2021
Next filing
Mar 8, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction DHI Common Stock Gift $0 -36.4K -17.78% $0.00 168K Dec 22, 2021 Direct F1
transaction DHI Common Stock Options Exercise +5.93K +3.52% 174K Feb 14, 2022 Direct F2
transaction DHI Common Stock Tax liability -$198K -2.38K -1.37% $82.95 172K Feb 14, 2022 Direct 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 -5.93K -100% $0.00* 0 Feb 14, 2022 Common Stock 5.93K Direct F2, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 This transaction involved a gift of securities to an outside entity. Mr. Wheat disclaims beneficial ownership of the shares gifted.
F2 Each restricted stock unit converts into one share of DHI common stock.
F3 These shares were surrendered to issuer to cover tax obligations of the 5,930 shares of DHI common stock issued upon the vesting of the restricted stock units awarded February 14, 2017.
F4 On February 14, 2017, the reporting person was granted 29,650 restricted stock units, vesting in five annual installments beginning February 14, 2018.