Michael J. Murray - Feb 14, 2022 Form 4 Insider Report for HORTON D R INC /DE/ (DHI)

Role
EVP and COO
Signature
/s/ Michael J. Murray
Stock symbol
DHI
Transactions as of
Feb 14, 2022
Transactions value $
-$123,844
Form type
4
Date filed
2/16/2022, 02:37 PM
Previous filing
Dec 13, 2021
Next filing
Mar 8, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction DHI Common Stock Gift $0 -30.1K -12.9% $0.00 203K Dec 29, 2021 Direct F1
transaction DHI Common Stock Options Exercise +5.93K +2.92% 209K Feb 14, 2022 Direct F2
transaction DHI Common Stock Tax liability -$124K -1.49K -0.71% $82.95 207K Feb 14, 2022 Direct F3, F4
holding DHI Common Stock 30.1K Feb 14, 2022 Held by Foundation controlled by Mr. Murray and members of his immediate family. F4

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 -100% $0.00* 0 Feb 14, 2022 Common Stock 5.93K Direct F2, F5
* 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 an outside entity. Mr. Murray 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 5,930 shares of DHI common stock issued upon the vesting of the restricted stock units awarded February 14, 2017.
F4 Following all transactions listed on this Form 4, Mr. Murray owns directly 207,398 shares of DHI common stock and indirectly holds 30,057 shares of DHI common stock.
F5 On February 14, 2017, the reporting person was granted 29,650 restricted stock units, vesting in five annual installments beginning February 14, 2018.