HORTON D R INC 8-K 2009
Date of Report (Date of earliest event reported): October 23, 2009
D.R. Horton, Inc.
Registrant’s telephone number, including area code: (817) 390-8200
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
communications pursuant to Rule 425 under the Securities Act (17 CFR
2010 Fiscal Year Compensation Program of Chairman and Chief Executive Officer.
On October 23, 2009, the Compensation Committee of the Board of Directors established and approved the base salaries, performance-based bonus criteria, performance periods and other long-term compensation and benefits for Donald R. Horton, Chairman, and Donald J. Tomnitz, President and Chief Executive Officer, for our 2010 fiscal year ending September 30, 2010 (2010 fiscal year). Mr. Horton and Mr. Tomnitz are expected to be two of our named executive officers (as defined in Item 402(a)(3) of Regulation S-K) in our 2010 fiscal year. The primary components of the 2010 compensation program for each of Mr. Horton and Mr. Tomnitz are set forth in Exhibit 10.1 to this Form 8-K and Exhibit 10.1 is hereby incorporated by reference into this Item 5.02.
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.