HORTON D R INC /DE/ 4
4 · HORTON D R INC /DE/ · Filed Jun 28, 2005
Insider Transaction Report
Form 4
Jones Gordon D
EVP & COO - West
Transactions
- Exercise/Conversion
Employee Stock Option (right to buy)
2005-06-27−10,979→ 0 totalExercise: $2.71From: 1996-07-20Exp: 2005-07-20→ Common Stock (10,979 underlying) - Exercise/Conversion
Common Stock
2005-06-27$2.71/sh+10,979$29,757→ 19,675 total
Footnotes (2)
- [F1]Following the transactions listed on this Form 4, Mr. Gordon directly owns 19,675 shares of the issuer's common stock. Mr. Gordon's share ownership listed on this Form 4 was adjusted to reflect the 4-for-3 stock split paid on March 16, 2005.
- [F2]Stock option has a 10-year term and vested as to 10% of the grant amount on the first nine anniversary dates of July 20 and vests as to the remaining 10% 9.75 years after the option grant date of July 20, 1995. July 20, 1996 reflects the one-year anniversary date from the date of the stock option grant.