Michael J. Murray - Dec 9, 2021 Form 4 Insider Report for HORTON D R INC /DE/ (DHI)

Signature
/s/ Michael J. Murray
Stock symbol
DHI
Transactions as of
Dec 9, 2021
Transactions value $
-$2,716,141
Form type
4
Date filed
12/13/2021, 03:48 PM
Previous filing
Nov 30, 2021
Next filing
Feb 16, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction DHI Common Stock Gift $0 -5.3K -2.28% $0.00 227K Dec 9, 2021 Direct F1
transaction DHI Common Stock Options Exercise $952K +40K +17.62% $23.80* 267K Dec 10, 2021 Direct
transaction DHI Common Stock Sale -$3.67M -34K -12.73% $107.89 233K Dec 10, 2021 Direct F2

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 Stock Option (right to buy) Options Exercise $0 -40K -100% $0.00* 0 Dec 10, 2021 Common Stock 40K $23.80 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 This transaction involved a gift of securities to four outside entities. Mr. Murray disclaims beneficial ownership of the shares gifted.
F2 The price reported in Column 4 is a weighted average price. The prices actually received ranged from $107.52 to $108.29. 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.
F3 Stock option has a 10-year term, vested as to 20% of the option grant amount on each of the first five anniversary dates of March 5. March 5, 2014 reflects the one-year anniversary date from the date of the stock option grant.