Attached files

file filename
EX-10.25 - EXECUTIVE COMPENSATION NOTIFICATION - CHAIRMAN,CEO,COO - HORTON D R INC /DE/a2017930-10kexhibit1025.htm
10-K - 10-K - HORTON D R INC /DE/a2017930-10k.htm
EX-32.2 - CERTIFICATION OF CHIEF FINANCIAL OFFICER PURSUANT TO 18 U.S.C. - HORTON D R INC /DE/a2017930-10kexhibit322.htm
EX-32.1 - CERTIFICATION OF CHIEF EXECUTIVE OFFICER PURSUANT TO 18 U.S.C. - HORTON D R INC /DE/a2017930-10kexhibit321.htm
EX-31.2 - CERTIFICATION OF CHIEF FINANCIAL OFFICER PURSUANT TO SECTION 302(A) - HORTON D R INC /DE/a2017930-10kexhibit312.htm
EX-31.1 - CERTIFICATION OF CHIEF EXECUTIVE OFFICER PURSUANT TO SECTION 302(A) - HORTON D R INC /DE/a2017930-10kexhibit311.htm
EX-23.1 - CONSENT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM - HORTON D R INC /DE/a2017930-10kexhibit231.htm
EX-21.1 - SUBSIDIARIES OF D.R. HORTON, INC. - HORTON D R INC /DE/a2017930-10kexhibit211.htm
EX-12.1 - RATIO COMPUTATION - HORTON D R INC /DE/a2017930-10kexhibit121.htm
EX-10.29 - DIRECTOR, COMMITTEE AND CHAIRPERSON COMPENSATION - HORTON D R INC /DE/a2017930-10kexhibit1029.htm


Exhibit 10.27

Executive Compensation Notification
Chief Financial Officer


Fiscal 2018 Compensation of Chief Financial Officer

Fiscal 2018 Base Salary and Bonus Plan: The table below sets forth the fiscal 2018 base salary and bonus for Mr. Wheat.

 
 
 
 
Annual Base Salary
 
Discretionary Bonus Plan
Name
 
Office
 
Fiscal 2018
 
Fiscal 2018
Bill W. Wheat
 
Executive Vice President and CFO
 
$500,000
 
See Note II

Note II: Other Long-Term Benefits.

The Board of Directors may award discretionary bonuses to Mr. Wheat based on his performance in fiscal 2018. In addition, Mr. Wheat may participate in two separate deferred compensation plans. The first plan allows the executive to make voluntary income deferrals. The second plan is a promise by the Company to pay benefits to the executive. If the executive is employed by the Company on the last day of the fiscal year (for example September 30, 2018), then the Company will establish a liability equal to 10% of his annual base salary as of the first day of the fiscal year (for example October 1, 2017). This liability will accrue earnings in future years at a rate established by the administrative committee.

Time Restricted Stock Units: On November 2, 2017, the Compensation Committee approved an award of restricted stock units (“Time Vesting RSUs”) pursuant to the Company's 2006 Stock Incentive Plan, as amended and restated ("2006 Plan"), to Mr. Wheat in the following amount:
Name
 
Office
 
Number of Time Vesting
Restricted Stock Units
Bill W. Wheat
 
Executive Vice President and CFO
 
40,000

The Time Vesting RSUS vest equally over a three-year period ending November 2, 2020.