SEC Form 4 · accession 0001127602-15-008651
PULTEGROUP INC/MI/ · PHM
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Richard J Dugas Jr.
Officer — Pres. and Chief Exec. Officer · Director
Period of report
Feb 24, 2015
Accepted (ET)
Feb 26, 2015 · 5:36 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000822416
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Feb 24, 2015 | M | 75,960 | $12.335 | A | 1,345,024 | D | |
| Common StockF3 | Feb 24, 2015 | S | 75,960 | $23.1434 | D | 1,269,064 | D | |
| Common Stock | holding | — | — | — | 40,612 | I | Susan Dugas Trust (spouse) | |
| Common Stock | holding | — | — | — | 206 | I | Susan Dugas Bene IRA (Rita M Ochs-DECD) | |
| UnitsF4 | holding | — | — | — | 8,360 | I | By 401(k) Plan |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee Stock Option (Right to Buy) | $12.335 | Feb 24, 2015 | M | 75,960 | D | Aug 18, 2011 | Aug 18, 2019 | Common Stock | 75,960 | 125,000 | D |
Explanation of responses
- F1These options are fully vested and exercisable.
- F2Pursuant to a plan intended to comply with Rule 10b5-1(c).
- F3The price reported is an average weighted price. These shares were sold in multiple transactions at prices ranging from $23 to $23.36, 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.
- F4Represents 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 17,937.433 shares of PulteGroup, Inc. Common Stock held in the Fund as of 2/09/2015.