Sec Form 4 Filing - BECKWITT RICHARD @ HORTON D R INC /DE/ - 2003-12-16

FORM 4 Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP 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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1. Name and Address of Reporting Person BECKWITT RICHARD 2. Issuer Name and Ticker or Trading Symbol HORTON D R INC /DE/ [ DHI] 5. Relationship of Reporting Person(s) to Issuer (Check all applicable) _____ Director _____ 10% Owner _____ Officer (give title below) X __ Other (specify below) Retired Director (Last) (First) (Middle) 1901 ASCENSION BLVD., SUITE 100 3. Date of Earliest Transaction (MM/DD/YY) 12/16/2003 (Street) ARLINGTON,, TX76006 4. If Amendment, Date Original Filed (MM/DD/YY) 6. Individual or Joint/Group Filing (Check Applicable Line) __ X __ Form filed by One Reporting Person _____ Form filed by More than One Reporting Person (City) (State) (Zip)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned 1.Title of Security (Instr. 3) 2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4) Code V Amount (A) or (D) Price Common Stock 12/16/2003 12/16/2003 M 6,609 A $ 5.3035 1( 1 ) D Common Stock 12/16/2003 12/16/2003 M 28,391 A $ 5.8889 1( 1 ) D Common Stock 12/16/2003 12/16/2003 S 100 D $ 40.21 1( 1 ) D Common Stock 12/16/2003 12/16/2003 S 5,000 D $ 40.25 1( 1 ) D Common Stock 12/16/2003 12/16/2003 S 5,000 D $ 40.4 1( 1 ) D Common Stock 12/16/2003 12/16/2003 S 5,000 D $ 40.45 1( 1 ) D Common Stock 12/16/2003 12/16/2003 S 9,900 D $ 40.2 1( 1 ) D Common Stock 12/16/2003 12/16/2003 S 5,000 D $ 40.6 1( 1 ) D Common Stock 12/16/2003 12/16/2003 S 5,000 D $ 41 1( 1 ) D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned ( e.g. , puts, calls, warrants, options, convertible securities) 1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 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 (MM/DD/YY) 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) Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares Employee Stock Option (Right to Buy) $ 5.3035 12/16/2003 12/16/2003 M 6,609 07/18/1997( 2 ) 07/18/2006 Common Stock 6,609 $ 0 0 D Employee Stock Option (Right to Buy) $ 5.8889 12/16/2003 12/16/2003 M 28,391 07/28/1998( 2 ) 07/28/2007 Common Stock 28,391 $ 0 26,054 D Employee Stock Option (Right to Buy) $ 12.1567 07/23/1999 07/23/2008 Common Stock 68,057 68,057 D

Reporting Owners Reporting Owner Name / Address Relationships Director 10% Owner Officer Other BECKWITT RICHARD 1901 ASCENSION BLVD. SUITE 100 ARLINGTON,, TX76006 Retired Director Signatures Richard Beckwitt 12/17/2003 Signature of Reporting Person Date

Explanation of Responses:

( 1 )Following all the transactions listed on Table I to this Form 4, Mr. Beckwitt directly held 117,215 shares of DHI common stock (please disregard the "1" placed in column 5 as this was done for filing formatting purposes only). ( 2 )Employee Stock Option has a 10 year term and vests as to 10% of the amount, as adjusted for stock dividends and splits, on the first nine annual anniversary dates and as to 10% of the amount 9.75 years after the date of grant.

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.

* 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).

Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
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