-----BEGIN PRIVACY-ENHANCED MESSAGE-----
Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
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 TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB
MIC-Info: RSA-MD5,RSA,
 Wo+cms3LY/obn0RRonwlcjPXYry+kmuWr0uqbQp4WPZOVCCvoR5hYIAaxtwVvuDy
 umrL111/Kl4pF6xjTvMIOw==

<SEC-DOCUMENT>0001197200-02-000002.txt : 20021112
<SEC-HEADER>0001197200-02-000002.hdr.sgml : 20021111
<ACCEPTANCE-DATETIME>20021112123902
ACCESSION NUMBER:		0001197200-02-000002
CONFORMED SUBMISSION TYPE:	4
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20020618
FILED AS OF DATE:		20021112

SUBJECT COMPANY:	

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			HORTON D R INC /DE/
		CENTRAL INDEX KEY:			0000882184
		STANDARD INDUSTRIAL CLASSIFICATION:	OPERATIVE BUILDERS [1531]
		IRS NUMBER:				752386963
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			0930

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-14122
		FILM NUMBER:		02816261

	BUSINESS ADDRESS:	
		STREET 1:		1901 ASCENSION BLVD
		STREET 2:		STE 100
		CITY:			ARLINGTON
		STATE:			TX
		ZIP:			76006
		BUSINESS PHONE:		8178568200

	MAIL ADDRESS:	
		STREET 1:		1901 ASCENSION BLVD
		STREET 2:		SUITE 100
		CITY:			ARLINGTON
		STATE:			TX
		ZIP:			76006

REPORTING-OWNER:	

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			HORTON DONALD R
		CENTRAL INDEX KEY:			0000900824
		RELATIONSHIP:				DIRECTOR

	FILING VALUES:
		FORM TYPE:		4

	BUSINESS ADDRESS:	
		STREET 1:		1901 ASCENSION BLVD
		STREET 2:		SUITE 100
		CITY:			ARLINGTON
		STATE:			TX
		ZIP:			76006
		BUSINESS PHONE:		8178568200

	MAIL ADDRESS:	
		STREET 1:		1901 ASCENSION BLVD
		STREET 2:		STE 100
		CITY:			ARLINGTON
		STATE:			TX
		ZIP:			76006
</SEC-HEADER>
<DOCUMENT>
<TYPE>4
<SEQUENCE>1
<FILENAME>edgar.htm
<DESCRIPTION>4
<TEXT>
<HTML><HEAD><TITLE>Form 4</TITLE></HEAD><BODY BGCOLOR="#FFFFFF">

<table border=0 cellspacing=0 cellpadding=0 width="900">
  <tr>
    <td nowrap valign=middle align="center" width="150">
      <p><b><font face="Times New Roman, Times, serif" size="4">FORM 4</font></b></p>
    </td>
    <td align="center" valign=middle>
      <p><font face="Times New Roman, Times, serif" size="3">UNITED STATES SECURITIES
        AND EXCHANGE COMMISSION<br>
        Washington, D.C. 20549</font></p>
    </td>
    <td valign=middle align="center"> <font face="Arial, Helvetica, sans-serif" size="2">OMB
      APPROVAL</font></td>
  </tr>
  <tr>
    <td valign=top width="150">
      <p><font face="Times New Roman, Times, serif" size="1"><b><U>&nbsp;&nbsp;&nbsp;</U> </b>
        Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations
        may continue. See Instruction 1(b).</font></p>
    </td>
    <td valign=middle align="center">
      <p><b> STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP</b></p>
      <p><font face="Times New Roman, Times, serif" size="2">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</font></p>

    </td>
    <td valign=top nowrap><P align="left"><font face="Arial, Helvetica, sans-serif" size="2">OMB
      Number: 3235-0287<br>
      Expires: January 31, 2005<br>
      Estimated average burden<br>
      hours per response. . .0.5</font>
      <HR><P align=center style="margin-top: 0"><font face="Arial, Helvetica, sans-serif" size=1>Filed By Romeo &amp; Dye's Instant Form 4 Filer<BR>www.section16.net</font><HR>
      </td>
  </tr>
</table><BR>
<table border=1 cellspacing=0 cellpadding=0 width="900">
  <tr align="left" valign="top">
    <td>
      <p><font face="Times New Roman, Times, serif" size="2">1. Name and Address
        of Reporting Person*</font></P>
      <p><font face="Times New Roman, Times, serif" size="2"><B>Horton, Donald R.</B></font></p>
    </td>
    <td colspan="2">
      <p><font face="Times New Roman, Times, serif" size="2">2. Issuer Name <b>and</b>
        Ticker or Trading Symbol<br>
        <B>D.R. Horton, Inc. (DHI)</B></font></p>
    </td>
    <td colspan=2 rowspan="2">
      <p><font face="Times New Roman, Times, serif" size="2">6. Relationship of
        Reporting Person(s)<br>
        to Issuer (Check all applicable)<br>
        <b><U><B>X</B></U></b> Director&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
        <b><U>&nbsp;&nbsp;&nbsp;</U> </b> 10% Owner<br>
        <b><U><B>X</B></U></b> Officer (give title below)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
        <b><U>&nbsp;&nbsp;&nbsp;</U> </b> Other (specify below)</font></p>
      <p align="left"><font face="Times New Roman, Times, serif" size="2"><U><B>Chairman of the Board&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</B></U>
        </font></p>
      </td>
  </tr>
  <tr align="left" valign="top">
    <td>
      <p align="center"><font face="Times New Roman, Times, serif" size="2">(Last)
        &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(First)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Middle)</font></p>
      <P align="left"><font face="Times New Roman, Times, serif" size="2"><B>1901 Ascension Blvd., Suite 100</B><BR>
        <B>&nbsp;</B> </font></p>
    </td>
    <td rowspan="2">
      <p><font face="Times New Roman, Times, serif" size="2">3. I.R.S. Identification
        Number<br>
        of Reporting Person, <br>
        if an entity (voluntary)</font>
      <p align="center"><font face="Times New Roman, Times, serif" size="2"><B>&nbsp;</B>
        </font></p>
    </td>
    <td><font face="Times New Roman, Times, serif" size="2">4. Statement for<br>
      Month/Day/Year <br>
      <B>June 18, 2002</B></font></td>
  </tr>
  <tr align="left" valign="top">
    <td>
      <p align="center"><font face="Times New Roman, Times, serif" size="2">(Street)</font></p>
      <p align="left"><font face="Times New Roman, Times, serif" size="2"> <B>Arlington,</B>,
        <B>TX</B> <B>76006</B> </font></p>
    </td>
    <td><font face="Times New Roman, Times, serif" size="2">5. If Amendment,<br>
      Date of Original<br>
      (Month/Day/Year)<br>
      <B>&nbsp;</B></font></td>
    <td colspan="2"><font face="Times New Roman, Times, serif" size="2">7. Individual
      or Joint/Group Filing (Check Applicable Line)<br>
      <b><U><B>X</B></U></b> Form filed by One Reporting Person<br>
      <b><U>&nbsp;&nbsp;&nbsp;</U> </b> Form filed by More than One Reporting Person</font></td>
  </tr>
  <tr align="left" valign="top">
    <td>
      <p align="center"><font face="Times New Roman, Times, serif" size="2">(City)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(State)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Zip)</font></p>
    </td>
    <td colspan=4>
      <p align=center><font face="Times New Roman, Times, serif" size="2"><b>Table
        I &#151; Non-Derivative Securities Acquired, Disposed of, or Beneficially
        Owned</b></font></p>
    </td>
  </tr>
</table>
<table border=1 cellspacing=0 cellpadding=0 width="900">
  <tr>
    <td valign=top rowspan="2">
      <p><font face="Times New Roman, Times, serif" size="2">1. Title of Security<br>
        (Instr. 3)</font></p>
    </td>
    <td valign=top align="left" rowspan="2">
      <p><font face="Times New Roman, Times, serif" size="2">2. Trans-<br>
        action <br>
        Date<br>
        <font size="1">(Month/ Day/<br>
        Year) </font></font></p>
    </td>
    <td valign=top align="left" rowspan="2">
      <p><font size="2">2A. Deemed <br>
        Execution<br>
        Date,<br>
        if any <br>
        <font size="1">(Month/Day/<br>
        Year)</font></font></p>
    </td>
    <td valign=top colspan="2">
      <p><font face="Times New Roman, Times, serif" size="2">3. Trans-<br>
        action Code<br>
        (Instr. 8)</font></p>
    </td>
    <td valign=top colspan="3">
      <p><font face="Times New Roman, Times, serif" size="2">4. Securities Acquired
        (A) or Disposed of (D)<br>
        (Instr. 3, 4 &amp; 5)</font></p>
    </td>
    <td valign=top rowspan="2">
      <p><font face="Times New Roman, Times, serif" size="2">5. Amount of <br>
        Securities <br>
        Beneficially <br>
        Owned Follow-<br>
        ing Reported Transactions(s) <br>
        (Instr. 3 &amp; 4)</font></p>
    </td>
    <td valign=top rowspan="2">
      <p><font face="Times New Roman, Times, serif" size="2">6. Owner-<br>
        ship Form:<br>
        Direct (D)<br>
        or Indirect (I)<br>
        (Instr. 4)</font></p>
    </td>
    <td valign=top rowspan="2">
      <p><font face="Times New Roman, Times, serif" size="2">7. Nature of Indirect
        <br>
        Beneficial Ownership<br>
        (Instr. 4)</font></p>
    </td>
  </tr>
  <tr>
    <td valign=top align="center">
      <p><font face="Times New Roman, Times, serif" size="2">Code</font></p>
    </td>
    <td valign=top  align="center">
      <p><font face="Times New Roman, Times, serif" size="2">V</font></p>
    </td>
    <td valign=top align="center">
      <p><font face="Times New Roman, Times, serif" size="2">Amount</font></p>
    </td>
    <td valign=top align="center">
      <p><font face="Times New Roman, Times, serif" size="2">(A)<br>
        or<br>
        (D)</font></p>
    </td>
    <td valign=top align="center">
      <p><font face="Times New Roman, Times, serif" size="2">Price</font></p>
    </td>
  </tr>
  <tr height=36>
<td valign=top align=left><p><font face="Times New Roman, Times, serif" size=2><B>Common Stock</B></font></P></td>
<td valign=top align=center><p><font face="Times New Roman, Times, serif" size=2><B>06/18/02</B></font></P></td>
<td valign=top align=center><p><font face="Times New Roman, Times, serif" size=2><B>&nbsp;</B></font></P></td>
<td valign=top align=center><p><font face="Times New Roman, Times, serif" size=2><B>G</B></font></P></td>
<td valign=top align=center><p><font face="Times New Roman, Times, serif" size=2><B>V</B></font></P></td>
<td valign=top align=right><p><font face="Times New Roman, Times, serif" size=2><B>10</B></font></P></td>
<td valign=top align=center><p><font face="Times New Roman, Times, serif" size=2><B>D</B></font></P></td>
<td valign=top align=right><p><font face="Times New Roman, Times, serif" size=2><B>&nbsp;</B></font></P></td>
<td valign=top align=right><p><font face="Times New Roman, Times, serif" size=2><B>13,434,599</B><Sup><A NAME="S1"></A><A HREF="#F1">(1)</A></Sup></font></P></td>
<td valign=top align=center><p><font face="Times New Roman, Times, serif" size=2><B>D</B></font></P></td>
<td valign=top align=left><p><font face="Times New Roman, Times, serif" size=2><B>&nbsp;</B></font></P></td>
</tr>

</table>
<table width="900" border="0">
  <tr>
    <td align="left" valign="top" colspan="2"><font face="Times New Roman, Times, serif" size="2">Reminder:
      Report on a separate line for each class of securities beneficially owned
      directly or indirectly. <br>
      * If the form is filed by more than one reporting person, see Instruction
      4(b)(v). <br>
      <br>
      <b> 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 </b></font></td>
  </tr>
</table>
<HR align="left" width="900">

<table width="900" border="0">
  <tr>
    <td width="25%" align="left" valign="top"><b><font face="Times New Roman, Times, serif" size="3">FORM
      4 (continued)</font></b></td>
    <td>
      <p><b><font face="Times New Roman, Times, serif" size="3">Table II </font></b><font face="Times New Roman, Times, serif" size="3"><b>-
        Derivative Securities Acquired, Disposed of, or Beneficially Owned<br>
        (e.g., puts, calls, warrants, options, convertible securities)</b></font></p>
</td>
  </tr>
</table>
<table border=1 cellspacing=0 cellpadding=0 width="900">
  <tr align="left" valign="top">
    <td rowspan="2">
      <p><font face="Times New Roman, Times, serif" size="2">1. Title of Derivative
        Security<br>
        <br>
        (Instr. 3)</font></p>
    </td>
    <td rowspan="2">
      <p><font face="Times New Roman, Times, serif" size="2">2. Conver-<br>
        sion or <br>
        Exercise <br>
        Price of Derivative Security</font></p>
    </td>
    <td rowspan="2">
      <p><font face="Times New Roman, Times, serif" size="2">3. Trans-<br>
        action Date<br>
        <br>
        <font size="1">(Month/<br>
        Day/<br>
        Year)</font></font> </p>
    </td>
    <td rowspan="2"><font size="2">3A. Deemed <br>
      Execution<br>
      Date,<br>
      if any <br>
      <font size="1">(Month/<br>
      Day/<br>
      Year)</font></font></td>
    <td colspan=2>
      <p><font face="Times New Roman, Times, serif" size="2">4. Trans-<br>
        action<br>
        Code<br>
        <br>
        (Instr. 8)</font></p>
    </td>
    <td colspan=2>
      <p><font face="Times New Roman, Times, serif" size="2">5. Number of Derivative
        Securities Acquired (A) or Disposed of (D)<br>
        <br>
        (Instr. 3, 4 &amp; 5)</font><br>
      </p>
    </td>
    <td colspan=2>
      <p><font face="Times New Roman, Times, serif" size="2">6. Date Exercisable<br>
        and Expiration<br>
        Date<br>
        <font size="1">(Month/Day/<br>
        Year)</font></font></p>
    </td>
    <td colspan=2>
      <p><font face="Times New Roman, Times, serif" size="2">7. Title and Amount
        of Underlying Securities<br>
        (Instr. 3 &amp; 4)</font></p>
    </td>
    <td rowspan="2">
      <p><font face="Times New Roman, Times, serif" size="2">8. Price of Derivative
        Security<br>
        (Instr. 5)</font></p>
    </td>
    <td rowspan="2">
      <p><font face="Times New Roman, Times, serif" size="2">9. Number of<br>
        Derivative<br>
        Securities<br>
        Beneficially<br>
        Owned<br>
        Following <br>
        Reported Transaction(s) <br>
        </font><font face="Times New Roman, Times, serif" size="2">(Instr. 4)</font></p>
    </td>
    <td rowspan="2">
      <p><font face="Times New Roman, Times, serif" size="2">10. Owner-<br>
        ship Form<br>
        of Deriv-<br>
        ative<br>
        Security:<br>
        Direct (D)<br>
        or Indirect (I)<br>
        (Instr. 4)</font></p>
    </td>
    <td rowspan="2">
      <p><font face="Times New Roman, Times, serif" size="2">11. Nature of Indirect
        Beneficial Ownership<br>
        (Instr. 4)</font></p>
    </td>
  </tr>
  <tr align="left" valign="top">
    <td align="center">
      <p><font face="Times New Roman, Times, serif" size="2">Code</font></p>
    </td>
    <td align="center">
      <p><font face="Times New Roman, Times, serif" size="2">V</font></p>
    </td>
    <td align="center">
      <p><font face="Times New Roman, Times, serif" size="2">(A)</font></p>
    </td>
    <td align="center">
      <p><font face="Times New Roman, Times, serif" size="2">(D)</font></p>
    </td>
    <td>
      <p><font face="Times New Roman, Times, serif" size="2">Date Exer-cisable</font></p>
    </td>
    <td>
      <p><font face="Times New Roman, Times, serif" size="2">Expira-<br>
        tion<br>
        Date</font></p>
    </td>
    <td>
      <p align=center><font face="Times New Roman, Times, serif" size="2">Title</font></p>
    </td>
    <td>
      <p><font face="Times New Roman, Times, serif" size="2">Amount or Number
        of<br>
        Shares</font></p>
    </td>
  </tr>
  <tr height=36>
<td valign=top align=left height=36><p><font face="Times New Roman, Times, serif" size=2><B>Employee Stock Option (Right to Buy)</B><Sup><A NAME="S2"></A><A HREF="#F2">(2)</A></Sup></font></P></td><td valign=top align=right height=36><p><font face="Times New Roman, Times, serif" size=2><B>$21.90</B></font></P></td>
<td valign=top align=center height=36><p><font face="Times New Roman, Times, serif" size=2><B>07/18/02</B></font></P></td>
<td valign=top align=center height=36><p><font face="Times New Roman, Times, serif" size=2><B>&nbsp;</B></font></P></td>
<td valign=top align=center height=36><p><font face="Times New Roman, Times, serif" size=2><B>A</B></font></P></td>
<td valign=top align=center height=36><p><font face="Times New Roman, Times, serif" size=2><B>V</B></font></P></td>
<td valign=top align=right height=36><p><font face="Times New Roman, Times, serif" size=2><B>100,000</B></font></P></td>
<td valign=top align=right height=36><p><font face="Times New Roman, Times, serif" size=2><B>&nbsp;</B></font></P></td>
<td valign=top align=left height=36><p><font face="Times New Roman, Times, serif" size=2><B>20% =20,000</B><Sup><A NAME="S3"></A><A HREF="#F3">(3)</A></Sup></font></P></td>
<td valign=top align=left height=36><p><font face="Times New Roman, Times, serif" size=2><B>07/18/12</B></font></P></td>
<td valign=top align=left height=36><p><font face="Times New Roman, Times, serif" size=2><B>Common Stock</B></font></P></td>
<td valign=top align=right height=36><p><font face="Times New Roman, Times, serif" size=2><B>100,000</B></font></P></td>
<td valign=top align=right height=36><p><font face="Times New Roman, Times, serif" size=2><B>&nbsp;</B></font></P></td>
<td valign=top align=right height=36><p><font face="Times New Roman, Times, serif" size=2><B>100,000</B></font></P></td>
<td valign=top align=center height=36><p><font face="Times New Roman, Times, serif" size=2><B>D</B></font></P></td>
<td valign=top align=left height=36><p><font face="Times New Roman, Times, serif" size=2><B>&nbsp;</B></font></P></td>
</tr>

</table>
<table width="900" border="0" cellpadding="0">
  <tr>
    <td>
	<p>Explanation of Responses:</p>
	<p><font face="Times New Roman, Times, serif" size="2"><A NAME="F1"></A><A HREF="#S1">(1)</A> Adjusted to reflect a 3 for 2 Common Stock split paid April 9, 2002.<BR><A NAME="F2"></A><A HREF="#S2">(2)</A> Stock Option contains a provision allowing for the withholding of stock to satisfy the Optionee's tax obligation upon exercise.<BR><A NAME="F3"></A><A HREF="#S3">(3)</A> Stock Option has a 10 year term and vests as to 20% of the grant on the first five anniversary dates of the date of grant.<BR></font></P>
    </td>
  </tr>
</table>

<table width="900" border="0" cellpadding="5">
  <tr>
    <td width="50%">&nbsp;</td>
    <td valign="top" align="left"><font face="Times New Roman, Times, serif" size="2">By: /s/ <u><b><B>Donald R. Horton</B></b></u><br>
    &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>Donald R. Horton</B><BR>
      **Signature of Reporting Person</font></td>
    <td align="left" valign="top"><font face="Times New Roman, Times, serif" size="2"><b><u><B>11/06/02</B></u></b><br>
      Date </font></td>
  </tr>
</table>
<table width="900" border="0">
  <tr>
    <td>
      <p><font face="Times New Roman, Times, serif" size="2">**Intentional misstatements
        or omissions of facts constitute Federal Criminal Violations. <br>
        See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). <br>
        </font></p>
      <p><font face="Times New Roman, Times, serif" size="2">Note: File three
        copies of this Form, one of which must be manually signed. <br>
        &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; If space is insufficient,
        See Instruction 6 for procedure. </font></p>
      <p><font face="Times New Roman, Times, serif" size="2">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 Number.</font></p>

      <P align="Right">&nbsp;</P>
    </td>
  </tr>
</table>



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