David V. Auld - Dec 1, 2023 Form 4 Insider Report for HORTON D R INC /DE/ (DHI)

Role
Executive Vice Chair, Director
Signature
/s/ David V. Auld
Stock symbol
DHI
Transactions as of
Dec 1, 2023
Transactions value $
-$217,882
Form type
4
Date filed
12/5/2023, 04:57 PM
Previous filing
Nov 13, 2023
Next filing
Dec 18, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction DHI Common Stock Options Exercise +1.67K +0.2% 822K Dec 1, 2023 Direct F1
transaction DHI Common Stock Tax liability -$218K -1.67K -0.2% $130.86 820K Dec 1, 2023 Direct F2, F3
holding DHI Common Stock 211K Dec 1, 2023 Held by Trusts of Mr. Auld's children. 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 -884 -3.73% $0.00 22.8K Dec 1, 2023 Common Stock 884 Direct F1, F4, F5
transaction DHI Restricted Stock Unit Options Exercise $0 -781 -3.73% $0.00 20.2K Dec 1, 2023 Common Stock 781 Direct F1, F6, F7
* 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 23,698 restricted stock units awarded April 20, 2023 and the 20,935 restricted stock units awarded November 8, 2023.
F3 Following all transactions listed on this Form 4, Mr. Auld owns directly 820,157 shares of DHI common stock and indirectly owns 211,200 shares of DHI common stock.
F4 Represents common stock acquired by the vesting of a portion of the 23,698 restricted stock units awarded April 20, 2023 to cover withholding tax obligations.
F5 On April 20, 2023, the reporting person was granted 23,698 restricted stock units.
F6 Represents common stock acquired by the vesting of a portion of the 20,935 restricted stock units awarded November 8, 2023 to cover withholding tax obligations.
F7 On November 8, 2023, the reporting person was granted 20,935 restricted stock units.