Michael J. Murray - Mar 11, 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
Mar 11, 2022
Transactions value $
-$136,741
Form type
4
Date filed
3/14/2022, 07:05 PM
Previous filing
Mar 8, 2022
Next filing
Mar 21, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction DHI Common Stock Options Exercise +4.95K +2.35% 216K Mar 11, 2022 Direct F1
transaction DHI Common Stock Tax liability -$137K -1.69K -0.78% $80.96 214K Mar 11, 2022 Direct F2, F3
holding DHI Common Stock 30.1K Mar 11, 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 -4.95K -25% $0.00 14.8K Mar 11, 2022 Common Stock 4.95K 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 4,949 shares of DHI common stock issued upon the vesting of the restricted stock units awarded March 12, 2020.
F3 Following all transactions listed on this Form 4, Mr. Murray owns directly 214,137 shares of DHI common stock and indirectly holds 30,057 shares of DHI common stock.
F4 On March 12, 2020, the reporting person was granted 24,745 restricted stock units, vesting in five annual installments beginning March 12, 2021.