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<TITLE>Filed by Bowne Pure Compliance</TITLE>
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<P style="font-size: 14pt" align="center"><B>UNITED STATES<BR>
SECURITIES AND EXCHANGE COMMISSION<BR>
<FONT
style="font-size: 12pt">Washington, D.C. 20549 </FONT></B>

<P style="font-size: 18pt" align="center"><B>FORM 8-K</B>

<P style="font-size: 12pt" align="center"><B>CURRENT REPORT<BR>
Pursuant to Section 13 or 15(d) of the Securities
Exchange Act of 1934</B>

<P style="font-size: 10pt" align="center"><B>Date of Report (Date of earliest event reported): December 10, 2008</B>


<P style="font-size: 24pt" align="center"><B>D.R. Horton, Inc.<BR>
</B><FONT style="font-size: 10pt">(Exact name of
registrant as specified in its charter) </FONT>
<TABLE style="font-size: 10pt; text-align: center" cellspacing="0" cellpadding="0" width="100%" border="0">

 <TR>
  <TD width="32%">&nbsp;</TD>
  <TD width="1%">&nbsp;</TD>
  <TD width="33%">&nbsp;</TD>
  <TD width="1%">&nbsp;</TD>
  <TD width="32%">&nbsp;</TD>
 </TR>
 <TR valign="bottom">
  <TD style="border-bottom: #000000 1px solid"><B>Delaware</B></TD>
  <TD>&nbsp;</TD>
  <TD style="border-bottom: #000000 1px solid"><B>1-14122</B></TD>
  <TD>&nbsp;</TD>
  <TD style="border-bottom: #000000 1px solid"><B>75-2386963</B></TD>
 </TR>
 <TR valign="top">
  <TD>(State or other Jurisdiction of Incorporation)</TD>
  <TD>&nbsp;</TD>
  <TD>(Commission File Number)</TD>
  <TD>&nbsp;</TD>
  <TD>(IRS Employer Identification No.)</TD>
 </TR>

</TABLE>
<TABLE style="font-size: 10pt; text-align: center" cellspacing="0" cellpadding="0" width="100%" border="0">

 <TR>
  <TD width="49%">&nbsp;</TD>
  <TD width="1%">&nbsp;</TD>
  <TD width="49%">&nbsp;</TD>
 </TR>
 <TR valign="bottom">
  <TD style="border-bottom: #000000 1px solid"><B>301 Commerce Street, Suite 500, Fort Worth, Texas<BR>
</B></TD>
  <TD>&nbsp;</TD>
  <TD style="border-bottom: #000000 1px solid"><B>76102</B></TD>
 </TR>
 <TR valign="top">
  <TD>(Address of Principal Executive Offices)</TD>
  <TD>&nbsp;</TD>
  <TD>(Zip Code)</TD>
 </TR>

</TABLE>


<P style="font-size: 10pt" align="center">Registrant&#8217;s telephone number, including area code: <B>(817)
390-8200</B>
<TABLE style="font-size: 10pt; text-align: center" cellspacing="0" cellpadding="0" width="30%" border="0">

 <TR>
  <TD width="100%">&nbsp;</TD>
 </TR>
 <TR>
  <TD style="border-bottom: #000000 1px solid" nowrap><B>Not Applicable<BR>
</B></TD>
 </TR>
 <TR>
  <TD nowrap>(Former name or former address if changed since last report.)</TD>
 </TR>

</TABLE>


<P style="font-size: 10pt" align="left">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:

<P style="font-size: 10pt" align="left"><FONT face="Wingdings">o</FONT> Written communications pursuant to Rule 425
under the Securities Act (17 CFR 230.425)<BR>
<BR>
<FONT face="Wingdings">o</FONT> Soliciting material pursuant to Rule
14a-12 under the Exchange Act (17 CFR 240.14a-12)<BR>
<BR>
<FONT face="Wingdings">o</FONT> Pre-commencement
communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))<BR>
<BR>
<FONT
face="Wingdings">o</FONT> Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR
240.13e-4(c))


<DIV style="margin-top: 10pt; font-size: 1pt; width: 100%; border-bottom: black 1pt solid">&nbsp;</DIV>
<DIV style="font-size: 1pt; width: 100%; border-bottom: black 2pt solid">&nbsp;</DIV>
</DIV>

<P style="font-size: 10pt" align="center">&nbsp;

<P style="font-size: 10pt" align="center">&nbsp;
</DIV>

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<P style="font-size: 10pt" align="justify"><B>Item&nbsp;1.01. Entry into a Material Definitive Agreement.</B>

<P style="font-size: 10pt; text-indent: 4%" align="justify">All the information set forth below under Item&nbsp;5.02(e)
is hereby incorporated by reference into this Item&nbsp;1.01.

<P style="font-size: 10pt" align="justify"><B>Item&nbsp;5.02. Departure of Directors or Certain Officers; Election of
Directors; Appointment of Certain Officers; Compensatory Arrangement of Certain Officers.</B>

<P style="font-size: 10pt" align="justify">5.02(e)

<P style="font-size: 10pt; text-indent: 4%" align="justify">D.R. Horton, Inc., a Delaware corporation <I>(the
&#8220;Company&#8221;), </I>recently completed its review of its equity and incentive compensation plans, including the
D.R. Horton Deferred Compensation Plan and the D.R. Horton, Inc. Amended and Restated Supplemental Executive Retirement
Plan No.&nbsp;2 <I>(collectively the &#8220;Plans&#8221;), </I>to ensure that payments made under those Plans remain
either exempt from or in compliance with Section&nbsp;409A of the Internal Revenue Code <I>(&#8220;Section
409A&#8221;). </I>This review sought to maintain the Plans in accordance with Section&nbsp;409A and the treasury
regulations issued thereunder, including the mechanics of deferral and payout elections and the time and form of
payment. The review also reexamined the overall plan design in order to reflect the current policies established by the
Compensation Committee of the Board of Directors <I>(the &#8220;Compensation Committee&#8221;) </I>and the Company.
Executive officers of the Company are participants in both Plans, and directors are also eligible to participate in the
Deferred Compensation Plan.

<P style="font-size: 10pt; text-indent: 4%" align="justify">On December&nbsp;10, 2008, the Compensation Committee and
the Board of Directors approved the amendments to and restatements of the Plans. Each of these Plans amends, restates
and supersedes its respective prior plan in its entirety. Each amended and restated plan was modified to address the
provisions of Section&nbsp;409A, and to distinguish between post-2004 benefits subject to Section&nbsp;409A and
accounts that were earned and vested on or before December&nbsp;31, 2004 that are <I>&#8220;grandfathered
accounts&#8221; </I>not subject to Section&nbsp;409A.

<P style="font-size: 10pt; text-indent: 4%" align="justify">The Plans were also amended to include a default rule for
the lump sum payout of distributions after separation from service (absent a timely election for an alternative
payout), and impose a six-month delay upon distributions made by reason of separation from service (including
retirement) of accounts subject to Section&nbsp;409A to persons who are &#8220;<I>specified employees&#8221; </I>under
Section&nbsp;409A unless permitted exceptions apply.

<P style="font-size: 10pt; text-indent: 4%" align="justify">The Deferred Compensation Plan was also amended to modify
provisions relating to (1)&nbsp;partial year eligibility, (2) installment eligibility age, and (3)&nbsp;the
Section&nbsp;409A transition rule regarding the timing and form of distributions elected on or prior to
December&nbsp;31, 2008. The Deferred Compensation Plan was also amended to clarify that participants are eligible to
delay distributions until age 62 only if he or she has attained age 50 with 10&nbsp;years of service.


<P style="font-size: 10pt" align="center"> &nbsp;

<P style="font-size: 10pt" align="center">2
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<P style="font-size: 10pt; text-indent: 4%" align="justify">The Deferred Compensation Plan was further amended, with respect to amounts
earned and vested prior to January&nbsp;1, 2005 <I>(&#8220;pre-2005 Account&#8221;), </I>to provide that any
participant terminating after January&nbsp;1, but before June&nbsp;30, would receive distributions of his or her
pre-2005 Account on July 1 of the following year. Similarly, for the pre-2005 Account, any participant terminating
after July&nbsp;1, but before December&nbsp;31, would be paid his or her pre-2005 Account on January 1 of the second
calendar year following the year of termination. Furthermore, the Deferred Compensation Plan was amended to provide,
for amounts earned or vested on or after January&nbsp;1, 2005 <I>(&#8220;post-2005 Account&#8221;), </I>that any
participant terminating after January&nbsp;1, but before July&nbsp;1, or any participant terminating on or after
July&nbsp;1, but before January&nbsp;1, would receive his or her post-2005 Account on January 1 of the calendar year
following the year of his or her termination, or on July 1 of the calendar year following the year of his or her
termination, respectively.

<P style="font-size: 10pt; text-indent: 4%" align="justify">The Deferred Compensation Plan was amended to require
payout elections be made annually by the end of the year before the year in which the related services will be
performed. Provisions were also added to restrict changes to the time and form of payments under the Deferred
Compensation Plan, pursuant to Section&nbsp;409A guidance. Pursuant to these revisions an election change may be made
only if (1)&nbsp;the election is made more than 12&nbsp;months before payment is scheduled to begin, (2)&nbsp;the
election is effective no earlier than 12&nbsp;months after it is made, and (3)&nbsp;the payment be deferred for at
least 5 more years.

<P style="font-size: 10pt; text-indent: 4%" align="justify">The above description of the provisions of the amended and
restated Plans is qualified in its entirety by reference to the full text of the Plans, which have been filed as
exhibits to this report.

<P style="font-size: 10pt" align="justify"><B>Item&nbsp;9.01. Financial Statements and Exhibits.</B>

<DIV align="center">
<TABLE style="font-size: 10pt" cellspacing="0" cellpadding="0" width="100%" border="0">
<!-- Begin Table Head -->
 <TR valign="bottom">
  <TD width="3%">&nbsp;</TD>
  <TD width="1%">&nbsp;</TD>
  <TD width="96%">&nbsp;</TD>
 </TR>
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 <TR valign="bottom">
  <TD valign="top"><DIV style="margin-left: 0px; text-indent: 0px">(d)</DIV></TD>
  <TD>&nbsp;</TD>
  <TD valign="top" nowrap align="left" colspan="3">Exhibits </TD>
 </TR>
<!-- End Table Body -->

</TABLE>
</DIV>

<DIV align="center">
<TABLE style="font-size: 10pt" cellspacing="0" cellpadding="0" width="100%" border="0">
<!-- Begin Table Head -->
<TR valign="bottom">
  <TD width="4%">&nbsp;</TD>
  <TD width="6%">&nbsp;</TD>
  <TD width="90%">&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD>&nbsp;</TD>
  <TD valign="top"><DIV style="margin-left: 0px; text-indent: 0px">10.1 </DIV></TD>
  <TD valign="top" align="left">D.R. Horton Amended and Restated Deferred Compensation Plan</TD>
</TR>
<TR style="font-size: 10pt" valign="bottom">
  <TD nowrap align="left" colspan="3">&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD>&nbsp;</TD>
  <TD valign="top"><DIV style="margin-left: 0px; text-indent: 0px">10.2 </DIV></TD>
  <TD valign="top" align="left">D.R. Horton Amended and Restated Supplemental Executive Retirement Plan No.&nbsp;2</TD>
</TR>
<!-- End Table Body -->
</TABLE>
</DIV>


<P style="font-size: 10pt" align="center"> &nbsp;

<P style="font-size: 10pt" align="center">3
</DIV>

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<P style="font-size: 10pt" align="center"><B>SIGNATURE</B>

<P style="font-size: 10pt; text-indent: 4%" align="justify">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.

<DIV align="center">
<TABLE style="font-size: 10pt" cellspacing="0" cellpadding="0" width="100%" border="0">
<!-- Begin Table Head -->
<TR valign="bottom">
  <TD width="50%">&nbsp;</TD>
  <TD width="5%">&nbsp;</TD>
  <TD width="45%">&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD>&nbsp;</TD>
  <TD colspan="2">D. R. Horton, Inc.&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD>Date: December&nbsp;16, 2008&nbsp;</TD>
  <TD>By:&nbsp;</TD>
  <TD style="border-bottom: #000000 1px solid">/s/ B<FONT style="font-variant: SMALL-CAPS">ill</FONT>
W. W<FONT style="font-variant: SMALL-CAPS">heat</FONT></TD>
</TR>
<TR valign="bottom">
  <TD>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD>Bill W. Wheat <BR>
Executive Vice President and Chief Financial Officer
</TD>
</TR>
<!-- End Table Body -->
</TABLE>
</DIV>




<P style="font-size: 10pt" align="center"> &nbsp;

<P style="font-size: 10pt" align="center">4
</DIV>

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<DIV style="margin-left: 0.25in; width: 7.5in; font-family: 'Times New Roman',Times,serif">

<P style="font-size: 10pt" align="center"><B>EXHIBIT INDEX</B>

<DIV align="center">
<TABLE style="font-size: 10pt" cellspacing="0" cellpadding="0" width="100%" border="0">
<!-- Begin Table Head -->
<TR valign="bottom">
  <TD width="10%">&nbsp;</TD>
  <TD width="5%">&nbsp;</TD>
  <TD width="85%">&nbsp;</TD>
</TR>
<TR style="font-size: 10pt" valign="bottom">
  <TD nowrap align="center"><B>Exhibit</B></TD>
  <TD>&nbsp;</TD>
  <TD>&nbsp;</TD>
</TR>
<TR style="font-size: 10pt" valign="bottom">
  <TD style="border-bottom: #000000 1px solid" nowrap align="center"><B>Number</B></TD>
  <TD>&nbsp;</TD>
  <TD style="border-bottom: #000000 1px solid" nowrap align="center"><B>Description</B></TD>
</TR>
<TR style="font-size: 10pt" valign="bottom">
  <TD nowrap align="left" colspan="3">&nbsp;</TD>
</TR>
<!-- End Table Head -->
<!-- Begin Table Body -->
<TR valign="bottom">
  <TD valign="top" align="center"><DIV style="margin-left: 0px; text-indent: 0px">10.1</DIV></TD>
  <TD>&nbsp;</TD>
  <TD valign="top" align="left">D.R. Horton Amended and Restated Deferred Compensation Plan</TD>
</TR>
<TR style="font-size: 10pt" valign="bottom">
  <TD nowrap align="left" colspan="3">&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD valign="top" align="center"><DIV style="margin-left: 0px; text-indent: 0px">10.2</DIV></TD>
  <TD>&nbsp;</TD>
  <TD valign="top" align="left">D.R. Horton Amended and Restated Supplemental Executive Retirement Plan No.&nbsp;2</TD>
</TR>
<!-- End Table Body -->
</TABLE>
</DIV>

<P style="font-size: 10pt" align="center">&nbsp;

<P style="font-size: 10pt" align="center">&nbsp;
</DIV>
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</HTML>
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{"company-data": {"conformed-name": "HORTON D R INC /DE/", "cik": "0000882184", "assigned-sic": "1531", "irs-number": "752386963", "state-of-incorporation": "DE", "fiscal-year-end": "0930"}, "filing-values": {"form-type": "8-K", "act": "34", "file-number": "001-14122", "film-number": "081252433"}, "business-address": {"street1": "D.R. HORTON TOWER", "street2": "301 COMMERCE STREET, SUITE 500", "city": "FORT WORTH", "state": "TX", "zip": "76102", "phone": "8173908200"}, "mail-address": {"street1": "D.R. HORTON TOWER", "street2": "301 COMMERCE STREET, SUITE 500", "city": "FORT WORTH", "state": "TX", "zip": "76102"}}
Filed by Bowne Pure Compliance
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities
Exchange Act of 1934
Date of Report (Date of earliest event reported): December 10, 2008
D.R. Horton, Inc.
(Exact name of
registrant as specified in its charter)
Delaware
1-14122
75-2386963
(State or other Jurisdiction of Incorporation)
(Commission File Number)
(IRS Employer Identification No.)
301 Commerce Street, Suite 500, Fort Worth, Texas
76102
(Address of Principal Executive Offices)
(Zip Code)
Registrant's telephone number, including area code:
(817)
390-8200
Not Applicable
(Former name or former address if changed since last report.)
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:
o
Written communications pursuant to Rule 425
under the Securities Act (17 CFR 230.425)
o
Soliciting material pursuant to Rule
14a-12 under the Exchange Act (17 CFR 240.14a-12)
o
Pre-commencement
communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
o
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR
240.13e-4(c))
Item 1.01. Entry into a Material Definitive Agreement.
All the information set forth below under Item 5.02(e)
is hereby incorporated by reference into this Item 1.01.
Item 5.02. Departure of Directors or Certain Officers; Election of
Directors; Appointment of Certain Officers; Compensatory Arrangement of Certain Officers.
5.02(e)
D.R. Horton, Inc., a Delaware corporation
(the
"Company"),
recently completed its review of its equity and incentive compensation plans, including the
D.R. Horton Deferred Compensation Plan and the D.R. Horton, Inc. Amended and Restated Supplemental Executive Retirement
Plan No. 2
(collectively the "Plans"),
to ensure that payments made under those Plans remain
either exempt from or in compliance with Section 409A of the Internal Revenue Code
("Section
409A").
This review sought to maintain the Plans in accordance with Section 409A and the treasury
regulations issued thereunder, including the mechanics of deferral and payout elections and the time and form of
payment. The review also reexamined the overall plan design in order to reflect the current policies established by the
Compensation Committee of the Board of Directors
(the "Compensation Committee")
and the Company.
Executive officers of the Company are participants in both Plans, and directors are also eligible to participate in the
Deferred Compensation Plan.
On December 10, 2008, the Compensation Committee and
the Board of Directors approved the amendments to and restatements of the Plans. Each of these Plans amends, restates
and supersedes its respective prior plan in its entirety. Each amended and restated plan was modified to address the
provisions of Section 409A, and to distinguish between post-2004 benefits subject to Section 409A and
accounts that were earned and vested on or before December 31, 2004 that are
"grandfathered
accounts"
not subject to Section 409A.
The Plans were also amended to include a default rule for
the lump sum payout of distributions after separation from service (absent a timely election for an alternative
payout), and impose a six-month delay upon distributions made by reason of separation from service (including
retirement) of accounts subject to Section 409A to persons who are "
specified employees"
under
Section 409A unless permitted exceptions apply.
The Deferred Compensation Plan was also amended to modify
provisions relating to (1) partial year eligibility, (2) installment eligibility age, and (3) the
Section 409A transition rule regarding the timing and form of distributions elected on or prior to
December 31, 2008. The Deferred Compensation Plan was also amended to clarify that participants are eligible to
delay distributions until age 62 only if he or she has attained age 50 with 10 years of service.
2
The Deferred Compensation Plan was further amended, with respect to amounts
earned and vested prior to January 1, 2005
("pre-2005 Account"),
to provide that any
participant terminating after January 1, but before June 30, would receive distributions of his or her
pre-2005 Account on July 1 of the following year. Similarly, for the pre-2005 Account, any participant terminating
after July 1, but before December 31, would be paid his or her pre-2005 Account on January 1 of the second
calendar year following the year of termination. Furthermore, the Deferred Compensation Plan was amended to provide,
for amounts earned or vested on or after January 1, 2005
("post-2005 Account"),
that any
participant terminating after January 1, but before July 1, or any participant terminating on or after
July 1, but before January 1, would receive his or her post-2005 Account on January 1 of the calendar year
following the year of his or her termination, or on July 1 of the calendar year following the year of his or her
termination, respectively.
The Deferred Compensation Plan was amended to require
payout elections be made annually by the end of the year before the year in which the related services will be
performed. Provisions were also added to restrict changes to the time and form of payments under the Deferred
Compensation Plan, pursuant to Section 409A guidance. Pursuant to these revisions an election change may be made
only if (1) the election is made more than 12 months before payment is scheduled to begin, (2) the
election is effective no earlier than 12 months after it is made, and (3) the payment be deferred for at
least 5 more years.
The above description of the provisions of the amended and
restated Plans is qualified in its entirety by reference to the full text of the Plans, which have been filed as
exhibits to this report.
Item 9.01. Financial Statements and Exhibits.
(d)
Exhibits
10.1
D.R. Horton Amended and Restated Deferred Compensation Plan
10.2
D.R. Horton Amended and Restated Supplemental Executive Retirement Plan No. 2
3
SIGNATURE
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.
D. R. Horton, Inc.
Date: December 16, 2008
By:
/s/ B
ill
W. W
heat
Bill W. Wheat
Executive Vice President and Chief Financial Officer
4
EXHIBIT INDEX
Exhibit
Number
Description
10.1
D.R. Horton Amended and Restated Deferred Compensation Plan
10.2
D.R. Horton Amended and Restated Supplemental Executive Retirement Plan No. 2