PULTEGROUP INC/MI/ — Director's Dealing 2014

Nov 14, 2014

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: PULTEGROUP INC/MI/ (PHM)
CIK: 0000822416
Period of Report: 2014-11-12

Reporting Person: DUGAS RICHARD J JR (Director, Pres. and Chief Exec. Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2014-11-12	Common Stock	M	34800	$11.355	Acquired	1204518	Direct
2014-11-12	Common Stock	S	34800	$20.825	Disposed	1169718	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2014-11-12	Employee Stock Option (Right to Buy)	$11.355	M	34800	Disposed	2018-12-09	Common Stock (34800)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	40612	Indirect
Common Stock	206	Indirect
Units	8360.065	Indirect

Footnotes

F1: Pursuant to a plan intended to comply with Rule 10b5-1(c).

F2: Represents units of the PulteGroup, Inc. Stock Fund (the "Fund") of the PulteGroup, Inc. 401(k) Plan. The Fund consists of cash and Common Stock in amounts that vary from time to time. The reporting person's units represent 17,980.841 shares of PulteGroup, Inc. Common Stock held in the Fund as of 11/07/2014.

F3: fully vested and exercisable