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UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940 |
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Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | |||
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number. | SEC 1474 (9-02) |
1. Title of Derivative Security (Instr. 3) |
2. Conversion or Exercise Price of Derivative Security | 3. Transaction Date (Month/Day/Year) | 3A. Deemed Execution Date, if any (Month/Day/Year) | 4. Transaction Code (Instr. 8) |
5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4, and 5) |
6. Date Exercisable and Expiration Date (Month/Day/Year) |
7. Title and Amount of Underlying Securities (Instr. 3 and 4) |
8. Price of Derivative Security (Instr. 5) |
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) |
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) |
11. Nature of Indirect Beneficial Ownership (Instr. 4) |
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Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||||||
Employee Stock Option (right to buy) | $ 14.5 | 02/11/2008 | A | 10,000 (1) | 02/11/2009(2) | 02/11/2018 | Common Stock | 10,000 | (3) | 10,000 | D |
Reporting Owner Name / Address | Relationships | |||
Director | 10% Owner | Officer | Other | |
ANDERSON BRADLEY S 2415 EAST CAMELBACK ROAD GROUND FLOOR PHOENIX,, AZ 85016 |
X |
/s/ Bradley S. Anderson | 02/28/2008 | |
**Signature of Reporting Person | Date |
* | If the form is filed by more than one reporting person, see Instruction 4(b)(v). |
** | Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). |
(1) | As previously reported on Form 4 originally filed on February 13, 2008 by the reporting person, the reporting person was granted stock options to acquire 20,000 shares of D.R. Horton common stock. Subsequently, the Company determined that this grant exceeded the 2006 Stock Incentive Plan's annual calendar limitation on the number of options that may be granted to non-employee directors by 10,000 shares and such portion of the grant is, acccordingly, null and void. |
(2) | Date reflects one-year anniversary date from the date of the stock option grant. The stock option grant was granted February 11, 2008, has a ten-year term and vests as to 20% of the option shares on the first five anniversary dates of February 11. Accordingly, on February 11, 2009, the initial 20% or 2,000 options will vest. |
(3) | There was no "price" associated with this option grant other than the "exercise price" reported in column 2 to Table II. |