HORTON RICHARD L 4
4 · HORTON D R INC /DE/ · Filed Nov 25, 2003
Insider Transaction Report
Form 4
HORTON RICHARD L
Director
Transactions
- Sale
Common Stock
2003-11-24$42.75/sh−2,500$106,875→ 1 total - Sale
Common Stock
2003-11-24$42.96/sh−1,200$51,552→ 419,611 total - Sale
Common Stock
2003-11-24$42.94/sh−2,000$85,880→ 1 total - Sale
Common Stock
2003-11-24$42.90/sh−5,000$214,500→ 1 total
Footnotes (1)
- [F1]Following all the transactions reported on this Form 4, Mr. Horton directly owned 419,611 shares of DHI Common Stock. In addtion, Mr. Horton owned the following derivative securitiesas of this date: A Stock Option (right to buy) representing 10,000 shares of Common Stock was granted on November 21, 2002, has a 10 year term, and vests as to 20% of the grant on the first five anniversary dates of November 21. Accordingly, on November 21, 2003, 2,000 options vested.