HORTON D R INC /DE/ 4
4 · HORTON D R INC /DE/ · Filed Oct 4, 2005
Insider Transaction Report
Form 4
Seagraves George W
EVP & COO - Eastern US
Transactions
- Exercise/Conversion
Common Stock
2005-10-03$2.81/sh+2,356$6,611→ 7,326 total - Exercise/Conversion
Employee Stock Option (right to buy)
2005-10-03−2,356→ 0 totalExercise: $2.81From: 1996-11-16Exp: 2005-11-16→ Common Stock (2,356 underlying)
Footnotes (2)
- [F1]Following all the transactions listed on this Form 4, Mr. Seagraves directly owns 7,326 shares of the issuer's common stock. Mr. Seagraves's direct 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 November 16 and vests as to the remaining 10%, 9.75 years after the option grant date of November 16, 1995. November 16, 1996 reflects the one-year anniversary date from the date of the stock option grant.