Partnership, may be deemed to beneficially own the shares held directly by Horton Family Limited Partnership. Horton Family GP, L.L.C. is a manager-managed limited liability company. Each of
Donald Ryan Horton and Douglas Reagan Horton are managers of Horton Family GP, L.L.C. and may be deemed to beneficially own, and to share voting and dispositive power over, the shares held directly by Horton Family Limited Partnership.
Horton Family Limited Partnership II directly holds 3,935,877 shares of Common Stock. Double R GP, L.L.C., as the general partner of Horton Family Limited
Partnership II, may be deemed to beneficially own the shares held directly by Horton Family Limited Partnership II. Double R GP, L.L.C. is a manager-managed limited liability company. Each of Donald Ryan Horton and Douglas Reagan Horton are managers
of Double R GP, L.L.C. and may be deemed to beneficially own, and to share voting and dispositive power over, the shares held directly by Horton Family Limited Partnership II.
Donald Ryan Horton serves as trustee of the Ryan Horton Revocable Trust, which is the sole member of Sea Mint GP, L.L.C., which is the general partner of Sea
Mint Pond, L.P., the holder of record of 3,485,240 shares of Common Stock. As a result, Mr. Horton may be deemed to beneficially own, and to possess sole voting and dispositive power over, the shares of Common Stock held directly by Sea Mint
Pond, L.P. Mr. Horton also serves as trustee for a total of 684,111 shares of Common Stock held in trusts for the benefit of his children and the children of Douglas Reagan Horton and therefore may be deemed to beneficially own, and to possess
sole voting and dispositive power over, such shares. In addition, Mr. Horton serves as co-trustee for 1,499,984 shares of Common Stock held in trust for the benefit of Donald Ray Horton and 1,368,005
shares of Common Stock held in trust for the benefit of Martha Elizabeth Horton and therefore may be deemed to beneficially own, and to share voting and dispositive power over, such shares.
Douglas Reagan Horton serves as trustee of the Reagan Horton Revocable Trust, which is the sole member of RayRay LLC, which is the general partner of Alta
Drive, Ltd., the holder of record of 2,956,166 shares of Common Stock. As a result, Mr. Horton may be deemed to beneficially own, and to possess sole voting and dispositive power over, the shares of Common Stock held directly by Alta Drive,
Ltd. Mr. Horton and his spouse are the managers of RMDM Management, L.L.C., which is the general partner of RM Horton, Ltd., the holder of record of 500,000 shares of Common Stock. As a result, Mr. Horton may be deemed to beneficially own,
and to possess shared voting and dispositive power over, the shares of Common Stock held directly by RM Horton, Ltd. Mr. Horton also serves as trustee for a total of 683,210 shares of Common Stock held in trusts for the benefit of his children
and the children of Donald Ryan Horton and therefore may be deemed to beneficially own, and to possess sole voting and dispositive power over, such shares. In addition, Mr. Horton serves as co-trustee for
1,499,984 shares of Common Stock held in trust for the benefit of Donald Ray Horton and 1,368,005 shares of Common Stock held in trust for the benefit of Martha Elizabeth Horton and therefore may be deemed to beneficially own, and to share voting
and dispositive power over, such shares.
Each of Donald Ryan Horton and Douglas Reagan Horton disclaim beneficial ownership with respect to any shares of
Common Stock not owned of record by such reporting person.
(b) Percent of class:
Each of the Reporting Persons may be deemed to be the beneficial owner of the percentage of Common Stock listed on such Reporting Persons cover page.
(c) Number of Shares as to which the Reporting Person has:
|
(i) |
Sole power to vote or to direct the vote: |
See each cover page hereof.
|
(ii) |
Shared power to vote or to direct the vote: |
See each cover page hereof.
|
(iii) |
Sole power to dispose or to direct the disposition of: |
See each cover page hereof.