PULTEGROUP INC/MI/ — Director's Dealing 2017

Mar 10, 2017

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: PULTEGROUP INC/MI/ (PHM)
CIK: 0000822416
Period of Report: 2017-03-08

Reporting Person: DUGAS RICHARD J JR (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2017-03-08	Common Stock	M	165000	$11.445	Acquired	1214927	Direct
2017-03-08	Common Stock	S	165000	$23.1037	Disposed	1049927	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2017-03-08	Employee Stock Option (Right to Buy)	$11.445	M	165000	Disposed	2020-02-11	Common Stock (165000)	Direct

Holdings (Non-Derivative)

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

Footnotes

F1: Fully vested and exercisable.

F2: Pursuant to a plan intended to comply with Rule 10b5-1(c).

F3: The price reported is an average weighted price. These shares were sold in multiple transactions at prices ranging from $23.00 to $23.25, inclusive. The reporting person undertakes to provide the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.

F4: 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 represented 18,597.334 shares of PulteGroup, Inc. Common Stock held in the Fund as of March 1, 2017.