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

Role: EVP and CFO
Signature: /s/ Bill W. Wheat
Issuer symbol: DHI
Transactions as of: 14 Feb 2022
Net transactions value: -$197,670
Form type: 4
Filing time: 16 Feb 2022, 14:38:40 UTC
Previous filing: 13 Dec 2021
Next filing: 08 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	Gift	$0	-36,404	-18%	$0.000000	168,291	22 Dec 2021	Direct	F1
transaction	DHI	Common Stock	Options Exercise		+5,930	+3.5%		174,221	14 Feb 2022	Direct	F2
transaction	DHI	Common Stock	Tax liability	$197,670	-2,383	-1.4%	$82.95	171,838	14 Feb 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	-5,930	-100%	$0.000000^*	0	14 Feb 2022	Common Stock	5,930		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.