DONALD R. HORTON - 11 Mar 2022 Form 4 Insider Report for HORTON D R INC /DE/ (DHI)

Role
Chairman, Director
Signature
/s/ Donald R. Horton
Issuer symbol
DHI
Transactions as of
11 Mar 2022
Transactions value $
-$710,505
Form type
4
Filing time
14 Mar 2022, 19:03:52 UTC
Previous filing
03 Dec 2021
Next filing
21 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 -1.28K -0.38% $0.00 334K 23 Dec 2021 Direct F1
transaction DHI Common Stock Options Exercise $0 +23.7K +7.1% $0.00 358K 11 Mar 2022 Direct F2
transaction DHI Common Stock Tax liability -$711K -8.78K -2.45% $80.96 349K 11 Mar 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 -23.7K -52.96% $0.00 21.1K 11 Mar 2022 Common Stock 23.7K 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 gifts of securities to the trusts of five individuals outside of Mr. Horton's household and is being voluntarily disclosed on this Form 4. Mr. Horton 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 23,718 restricted stock units awarded March 12, 2020.
F4 On March 12, 2020, the reporting person was granted 71,155 restricted stock units, vesting in three annual installments beginning March 12, 2021.