Michael J. Murray - 26 Nov 2022 Form 4 Insider Report for HORTON D R INC /DE/ (DHI)

Role
EVP and COO
Signature
/s/ Michael J. Murray
Issuer symbol
DHI
Transactions as of
26 Nov 2022
Transactions value $
-$195,799
Form type
4
Filing time
29 Nov 2022, 13:14:25 UTC
Previous filing
28 Oct 2022
Next filing
08 Dec 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 Options Exercise +5.93K +2.42% 251K 26 Nov 2022 Direct F1
transaction DHI Common Stock Tax liability -$196K -2.33K -0.93% $83.89 249K 26 Nov 2022 Direct F2, F3
holding DHI Common Stock 30.1K 26 Nov 2022 Held by Foundation controlled by Mr. Murray and members of his immediate family. 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 -5.93K -50% $0.00 5.93K 26 Nov 2022 Common Stock 5.93K 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 5,930 shares of DHI common stock issued upon the vesting of the restricted stock units awarded November 26, 2018.
F3 Following all transactions on this Form 4, Mr. Murray owns directly 248,652 shares of DHI common stock and indirectly holds 30,057 shares of DHI common stock.
F4 On November 26, 2018, the reporting person was granted 29,650 restricted stock units, vesting in five annual installments beginning November 26, 2019.