FORM 4
[X] 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 OF SECURITIES
                                                                                  
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Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
                      

1. Name and Address of Reporting Person *

WEBB MAXIM C W		 2. Issuer Name and Ticker or Trading Symbol

VIDLER WATER RESOURCES, INC. [ VWTR ] 		5. Relationship of Reporting Person(s) to Issuer (Check all applicable)

__X__ Director                    _____ 10% Owner
__X__ Officer (give title below)    _____ Other (specify below)
Executive Chairman, CFO
(Last)          (First)          (Middle)

C/O VIDLER WATER RESOURCES, INC., 3480 GS RICHARDS BLVD., SUITE 101		 3. Date of Earliest Transaction (MM/DD/YYYY)

5/25/2022
(Street)

CARSON CITY, NV 89703
(City)        (State)        (Zip)
4. If Amendment, Date Original Filed (MM/DD/YYYY)

 
 6. Individual or Joint/Group Filing (Check Applicable Line)

_X _ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3) 		2. Trans. Date 2A. Deemed Execution Date, if any 3. Trans. 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 5/25/2022  U  85132 D$15.75 (1)0 D  
Common Stock 5/25/2022  D  40875 D$15.75 (2)0 D  

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 3)		2. Conversion or Exercise Price of Derivative Security3. Trans. Date3A. Deemed Execution Date, if any4. Trans. Code
(Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date7. Title and Amount of Securities Underlying Derivative Security
(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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Stock Options (Right to Buy) $14.51 5/25/2022  D     95238   (3)11/14/2024 Common Stock 95238  (3)0 D  
Explanation of Responses:
(1) Disposed of pursuant to the Agreement and Plan of Merger, dated April 13, 2022, by and among D.R. Horton, Inc., Potable Merger Sub, Inc. and Vidler Water Resources, Inc. (the "Merger Agreement") in exchange for the market value of $15.75 per share on May 25, 2022, the effective date of the merger.
(2) In connection with the Merger Agreement, these restricted stock units, which are fully vested, were converted into a right of the holder to receive an amount in cash equal to the per share merger consideration of $15.75 multiplied by the number of shares of common stock subject to such restricted stock units immediately prior to the merger.
(3) In connection with the Merger Agreement, this stock option, which provided for vesting upon certain performance-based parameters, was cancelled without payment.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director10% OwnerOfficerOther
WEBB MAXIM C W
C/O VIDLER WATER RESOURCES, INC.
3480 GS RICHARDS BLVD., SUITE 101
CARSON CITY, NV 89703		X
Executive Chairman, CFO
Signatures
/s/ Maxim C.W. Webb6/6/2022
**Signature of Reporting PersonDate
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.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number.
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