HORTON D R INC /DE/ 4
4 · HORTON D R INC /DE/ · Filed Jul 18, 2006
Insider Transaction Report
Form 4
Jones Gordon D
EVP & COO - West
Transactions
- Exercise/Conversion
Common Stock
2006-07-14$2.65/sh+18,151$48,131→ 47,627 total - Exercise/Conversion
Employee Stock Option (right to buy)
2006-07-14−18,151→ 0 totalExercise: $2.65From: 1997-07-18Exp: 2006-07-18→ Common Stock (18,151 underlying)
Footnotes (2)
- [F1]Following the transactions listed on this Form 4, Mr. Jones directly owns 47,627 shares of the issuer's common stock.
- [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 18 and vested as to the remaining 10%, 9.75 years after the option grant date of July 18, 1996. July 18, 1997 reflects the one-year anniversary date from the date of the stock option grant.