Bill W. Wheat - Mar 7, 2022 Form 4 Insider Report for HORTON D R INC /DE/ (DHI)

Signature
/s/ Bill W. Wheat
Stock symbol
DHI
Transactions as of
Mar 7, 2022
Transactions value $
-$145,043
Form type
4
Date filed
3/8/2022, 05:11 PM
Previous filing
Feb 16, 2022
Next filing
Mar 14, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction DHI Common Stock Options Exercise +4.6K +2.68% 176K Mar 7, 2022 Direct F1
transaction DHI Common Stock Tax liability -$145K -1.81K -1.03% $80.09 175K Mar 7, 2022 Direct 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 Restricted Stock Unit Options Exercise $0 -4.6K -50% $0.00 4.6K Mar 7, 2022 Common Stock 4.6K Direct F1, F3
* 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 4,600 shares of DHI common stock issued upon the vesting of the restricted stock units awarded March 7, 2018.
F3 On March 7, 2018, the reporting person was granted 23,000 restricted stock units, vesting in five annual installments beginning March 7, 2019.