Aron M. Odom - 09 Mar 2023 Form 4 Insider Report for HORTON D R INC /DE/ (DHI)

Role
VP, Controller and PAO
Signature
/s/ Aron M. Odom
Issuer symbol
DHI
Transactions as of
09 Mar 2023
Transactions value $
-$158,455
Form type
4
Filing time
13 Mar 2023, 13:31:53 UTC
Previous filing
08 Mar 2023
Next filing
21 Mar 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction DHI Common Stock Sale -$96.2K -1K -24.49% $96.16 3.08K 09 Mar 2023 Direct F1
transaction DHI Common Stock Options Exercise +1.68K +54.56% 4.77K 12 Mar 2023 Direct F2
transaction DHI Common Stock Tax liability -$62.3K -662 -13.89% $94.10 4.1K 12 Mar 2023 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 -1.68K -33.33% $0.00 3.36K 12 Mar 2023 Common Stock 1.68K Direct F2, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The price reported in Column 4 is a weighted average price. The prices actually received ranged from $96.16 to $96.17. The reporting person has provided to the issuer and will provide any security holder of the issuer, or the SEC staff, upon request, information regarding the number of shares sold at each price within the range.
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 1,682 shares of DHI common stock issued upon the vesting of the restricted stock units awarded March 12, 2020.
F4 On March 12, 2020, the reporting person was granted 8,410 restricted stock units, vesting in five annual installments beginning March 12, 2021.