HORTON D R INC /DE/
S-8 POS, 1999-03-02
OPERATIVE BUILDERS
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      As filed with the Securities and Exchange Commission on March 2, 1999
                                                       Registration No. 333-3570

- --------------------------------------------------------------------------------
- --------------------------------------------------------------------------------


                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549
                                   -----------
                         POST-EFFECTIVE AMENDMENT NO. 1
                                       TO
                                    FORM S-8
             REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933
                                   -----------
                                D.R. HORTON, INC.
             (Exact name of registrant as specified in its charter)


                 Delaware                                   75-2386963
     (State or other jurisdiction of                     (I.R.S. Employer
      incorporation or organization)                  Identification Number)

          1901 Ascension Blvd.                                76006
                Suite 100                                   (Zip Code)
             Arlington, Texas
 (Address of Principal Executive Offices)


                 D.R. HORTON, INC. EMPLOYEE STOCK PURCHASE PLAN
                              (Full title of plan)

                                Charles N. Warren
                              Senior Vice President
                               and General Counsel
                         1901 Ascension Blvd., Suite 100
                             Arlington, Texas 76006
                     (Name and address of agent for service)
                                  817-856-8200
          (Telephone number, including area code, of agent for service)
                         ------------------------------



                                        

<PAGE>





   This  Registration  Statement  No.  333-3570  (the "Registration  Statement")
registered an  aggregate of 200,000  shares of Common Stock, par value $.01 (the
"Securities"), of D.R. Horton, Inc. (the  "Registrant") for issuance pursuant to
the D.R. Horton, Inc. Employee Stock Purchase Plan (the "Old Plan").

   On January 15,  1999,  the  Registrant  adopted the D.R.  Horton,  Inc.  1999
Employee Stock Purchase Plan (the "New Plan"). The Registrant has registered its
shares  of Common  Stock for  issuance  pursuant  to the New Plan on a  separate
Registration  Statement  on Form S-8 that was filed  prior to the filing of this
Post Effective  Amendment No. 1. In addition,  the Registrant has terminated the
Old  Plan.   Accordingly,   the  Registrant  is  removing  the  Securities  from
registration under Registration Statement.

                                        2

<PAGE>





                        SIGNATURES AND POWERS OF ATTORNEY

   Pursuant to the  requirements  of the  Securities Act of 1933, the Registrant
certifies  that it has  reasonable  grounds  to  believe  that it meets  all the
requirements  for  filing on Form S-8 and has duly  caused  this  Post-Effective
Amendment  to  Registration  Statement  to  be  signed  on  its  behalf  by  the
undersigned,  thereunto  duly  authorized,  in the City of  Arlington,  State of
Texas, on March 2nd, 1999.

                D.R. HORTON, INC.  



                By  /s/ Donald R. Horton                                  
                    ---------------------------------------  
                    Donald R. Horton, Chairman of the Board


                                        3

<PAGE>




   Pursuant  to  the   requirements   of  the  Securities  Act  of  1933,   this
Post-Effective  Amendment  to  Registration  Statement  has been  signed  by the
following persons in the capacities and on the dates indicated.


       Signature                      Title                            Date


   /s/ Donald R. Horton        Chairman of the Board               March 2, 1999
- -------------------------   (Principal Executive Officer)
     Donald R. Horton
     

   /s/ Richard Beckwitt              Director                      March 2, 1999
- -------------------------
     Richard Beckwitt


    Richard I. Galland  *            Director                      March 2, 1999
- -------------------------
    Richard I. Galland


     Richard L. Horton  *            Director                      March 2, 1999
- -------------------------
     Richard L. Horton


     Terrill J. Horton  *            Director                      March 2, 1999
- -------------------------
     Terrill J. Horton


    /s/ David J. Keller       Treasurer, Chief Financial           March 2, 1999
- -------------------------        Officer and Director           
      David J. Keller         (Principal Accounting and 
                                  Financial Officer)


     Francine I. Neff    *           Director                      March 2, 1999
- --------------------------
     Francine I. Neff


      Scott J. Stone     *           Director                      March 2, 1999
- --------------------------
      Scott J. Stone


  /s/ Donald J. Tomnitz              Director                      March 2, 1999
- --------------------------
    Donald J. Tomnitz



                                     Director
- -------------------------
   Bradley S. Anderson



*By:  /s/ Donald R. Horton
      ----------------------------------
      Donald R. Horton, Attorney-in-Fact





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