BLOOMFIELD HILLS, Mich.--(BUSINESS WIRE)--Nov. 13, 2009--
Pulte Homes, Inc. (NYSE: PHM) announced today that
Roger A. Cregg
Executive Vice President and Chief Financial Officer, increased his
holdings in the Company by 54,000 shares by executing a cashless stock
option exercise. Mr. Cregg exercised shares that were set to expire in
November 2009, as well as shares that were set to expire during the
Company’s normal trading “blackout period” prior to announcing its
fourth quarter financial results in February 2010.
Mr. Cregg conducted a “net hold transaction” wherein he exercised
188,000 stock options and then sold 134,000 of those shares to cover
option exercise costs.
Today the Company also announced that
Steven C. Petruska
, Executive Vice
President and Chief Operating Officer, exercised and sold 3,000 of his
shares that were set to expire in November 2009.
All of the stock option transactions were executed to avoid forfeiture.
About Pulte Homes
Pulte Homes, Inc., based in Bloomfield Hills, Mich., is one of America’s
largest home building companies with operations in 69 markets, 29 states
and the District of Columbia. The Company has an unmatched capacity to
meet the needs of all buyer segments through its brand portfolio that
includes Pulte Homes, Centex and
, as well as its regional
brands of DiVosta Homes (Florida) and Fox & Jacobs (Texas). In 2009,
Pulte Homes brands received more top rankings than any other homebuilder
in the annual J.D. Power and Associates 2009 New-Home Builder Customer
Satisfaction Studysm. Pulte Mortgage LLC is a nationwide
lender offering Pulte customers a variety of loan products and superior
Web sites: www.pulteinc.com;
Source: Pulte Homes, Inc.
Pulte Homes, Inc.
Investors: James Zeumer