HOME DEPOT, INC. — Director's Dealing 2011

Mar 25, 2011

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: HOME DEPOT INC (HD)
CIK: 0000354950
Period of Report: 2011-03-23

Reporting Person: Ellison Marvin R (EVP - U.S. Stores)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2011-03-23	$.05 Common Stock	A	23040	$0.00	Acquired	241070	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2011-03-23	Employee Stock Options	$36.62	A	113468	Acquired	2021-03-22	Common Stock (113468)	Direct

Footnotes

F1: The restricted shares were issued under The Home Depot, Inc. 2005 Omnibus Stock Incentive Plan. The shares vest 50% after 30 months and the remaining 50% after 60 months, subject to earlier forfeiture if Fiscal 2011 operating profit is less than 80% of the target operating profit goal under the Company's Fiscal 2011 Management Incentive Plan.

F2: The stock options were issued under The Home Depot, Inc. 2005 Omnibus Stock Incentive Plan and vest annually in 25% increments beginning on the second anniversary of the grant date.