HORTON D R INC /DE/
SC 13D/A, 2001-01-11
OPERATIVE BUILDERS
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<PAGE>

                      SECURITIES AND EXCHANGE COMMISSION
                            Washington, D.C. 20549


                                 SCHEDULE 13D
                                (Rule 13d-101)

          INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT TO
                     13d-1(a) AND AMENDMENTS THERETO FILED
                           PURSUANT TO RULE 13d-2(a)
                              (Amendment No. 1 )1
                                            ---

                               D.R. Horton, Inc.
--------------------------------------------------------------------------------
                               (Name of Issuer)

                    Common Stock, par value $.01 per share
--------------------------------------------------------------------------------
                        (Title of Class of Securities)

                                  23331A 10 9
--------------------------------------------------------------------------------
                                (CUSIP Number)

                          Paul W. Buchschacher, Esq.
                               D.R. Horton, Inc.
                        1901 Ascension Blvd., Suite 100
                              Arlington, TX 76006
                                (817) 856-8200
--------------------------------------------------------------------------------
                 (Name, Address and Telephone Number of Person
               Authorized to Receive Notices and Communications)

                                 January 4, 2001
--------------------------------------------------------------------------------
             (Date of Event which Requires Filing of this Statement)

     If the filing  person has  previously  filed a statement on Schedule 13G to
report the  acquisition  that is the subject of this Schedule 13D, and is filing
this  schedule  because  of Rule  13d-1(e),  13d-1(f)  or  13d-1(g),  check  the
following box. [ ]

                Note:     Schedules filed in paper format shall include a signed
        original and  five copies of the schedule, including all exhibits.   See
        Rule 13d-7(b) for other parties to whom copies are to be sent.


                         (Continued on following pages)

                               (Page 1 of 4 Pages)
--------------------------

     /1/  The remainder of this cover page shall be filled out for a reporting
person's initial filing on this form with respect to the subject class of
securities, and for any subsequent amendment containing information which would
alter disclosures provided in a prior cover page.

     The  information  required on the remainder of this cover page shall not be
deemed to be "filed"  for the purpose of Section 18 of the  Securities  Exchange
Act of 1934 ("Act") or otherwise  subject to the  liabilities of that section of
the Act but shall be subject to all other  provisions of the Act  (however,  see
the Notes).


                                                             SEC 1746 (02-06-98)
<PAGE>

CUSIP No. 23331A 10 9                   13D                    Page 2 of 4 Pages


1.        NAME OF REPORTING PERSON
          S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON

          Donald R. Horton

2.        CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
          (a)   [ ]
          (b)   [ ]


3.        SEC USE ONLY

4.        SOURCE OF FUNDS*
          OO

5.        CHECK  BOX IF  DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO
          ITEMS 2(d) OR 2(e)


6.        CITIZENSHIP OR PLACE OF ORGANIZATION
          United States of America

  NUMBER OF SHARES          7.  SOLE VOTING POWER
                                  8,074,693
  BENEFICIALLY OWNED        8.  SHARED VOTING POWER
                                  -0-
  BY EACH REPORTING         9.  SOLE DISPOSITIVE POWER
                                  8,074,693
  PERSON WITH              10.  SHARED VOTING POWER
                                  -0-


11.       AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
          8,074,693

12.       CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES*
          N/A                                                                [ ]

13.       PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
          11.9%

14.       TYPE OF REPORTING PERSON*
          IN

                      *SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE>

     This Amendment No. 1 amends and  supplements  the Statement on Schedule 13D
filed with the  Securities  and  Exchange  Commission  on February 16, 1999 (the
"Statement").  Capitalized  terms  used and not  defined  herein  shall have the
meanings assigned to such terms in the Statement.

Item 5.           Interest in Securities of the Issuer.

         Item 5 is hereby amended and restated in its entirety as follows:

         At January 10, 2001:

         (a)      Amount Beneficially Owned:  8,074,693

                  Percent  of  Class:    11.9%,  based  upon  67,803,350  Shares
                  outstanding  on  January 9,  2001  (reflects 9% stock dividend
                  paid on September 29, 2000).

         (b)      Number of shares as to which such person has:

                  (i)      Sole power to vote or to direct the vote:  8,074,693

                  (ii)     Shared power to vote or to direct the vote: -0-

                  (iii)    Sole  power  to  dispose or to direct the disposition
                           of: 8,074,693

                  (iv)     Shared power to dispose or to direct  the disposition
                           of: -0-

         (c)      On January 3, 2001,  the Reporting Person made a gift of 5,000
                  Shares to a charity.  On January 4, 2001, the Reporting Person
                  sold 1,000,000  Shares at a price  of  $25.00  per  Share in a
                  transaction pursuant  to Rule 144 under  the Securities Act of
                  1933.

         (d)      Not Applicable.

         (e)      Not Applicable.
<PAGE>

                                    SIGNATURE

     After  reasonable  inquiry and to the best of my  knowledge  and belief,  I
certify that the information  set forth in this statement is true,  complete and
correct.


                                                           January 10, 2001
                                                     ---------------------------
                                                                 Date


                                                         /s/Donald R. Horton
                                                     ---------------------------
                                                               Signature


                                                           Donald R. Horton
                                                     ---------------------------
                                                                  Name


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