Donald R. Horton - Mar 23, 2023 Form 4 Insider Report for HORTON D R INC /DE/ (DHI)

Role
Chairman, Director
Signature
/s/ Donald R. Horton
Stock symbol
DHI
Transactions as of
Mar 23, 2023
Transactions value $
-$453,575
Form type
4
Date filed
3/27/2023, 04:26 PM
Previous filing
Mar 21, 2023
Next filing
Mar 31, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction DHI Common Stock Options Exercise $0 +12.7K +63.64% $0.00 32.7K Mar 23, 2023 Direct F1
transaction DHI Common Stock Tax liability -$454K -4.71K -14.39% $96.28 28K Mar 23, 2023 Direct F2, F3
holding DHI Common Stock 2.89M Mar 23, 2023 Held by The Horton Family Revocable Trust. 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 -12.7K -34.62% $0.00 24K Mar 23, 2023 Common Stock 12.7K 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 12,732 shares of DHI common stock issued upon the vesting of the restricted stock units awarded March 23, 2022.
F3 Following all transactions listed on this Form 4, Mr. Horton owns directly 28,027 shares of DHI common stock and indirectly holds 2,888,602 shares of DHI common stock.
F4 On March 23, 2022, the reporting person was granted 38,197 restricted stock units, vesting in three annual installments beginning March 23, 2023.