Sec Form 4 Filing - Sferruzza Hilla @ Meritage Homes CORP - 2013-03-05

FORM 4 Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940

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1. Name and Address of Reporting Person Sferruzza Hilla 2. Issuer Name and Ticker or Trading Symbol Meritage Homes CORP [ MTH] 5. Relationship of Reporting Person(s) to Issuer (Check all applicable) _____ Director _____ 10% Owner X __ Officer (give title below) _____ Other (specify below) Chief Accounting Officer (Last) (First) (Middle) 17851 N. 85TH STREET, STE 300 3. Date of Earliest Transaction (MM/DD/YY) 03/05/2013 (Street) SCOTTSDALE, AZ85255 4. If Amendment, Date Original Filed (MM/DD/YY) 6. Individual or Joint/Group Filing (Check Applicable Line) __ X __ Form filed by One Reporting Person _____ Form filed by More than One Reporting Person (City) (State) (Zip)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned 1.Title of Security (Instr. 3) 2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4) Code V Amount (A) or (D) Price MTH Common Stock 03/05/2013 M 1,500 A $ 40.25 4,531 D MTH Common Stock 03/05/2013 S 1,500 D $ 42.75 3,031 D MTH Common Stock 03/06/2013 M 1,500 A $ 14 4,531 D MTH Common Stock 03/06/2013 M 700 A $ 15.98 5,231 D MTH Common Stock 03/06/2013 S 2,200 D $ 43 3,031 ( 1 ) D MTH Common Shares 15,200 ( 2 ) D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned ( e.g. , puts, calls, warrants, options, convertible securities) 1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4, and 5) 6. Date Exercisable and Expiration Date (MM/DD/YY) 7. Title and Amount of Underlying Securities (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4) Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares MTH Common Stock $ 40.25 03/05/2013 M 300 08/21/2007 08/21/2013 MTH Common Shares 300 $ 0 0 D MTH Common Stock $ 40.25 03/05/2013 M 300 08/21/2008 08/21/2013 MTH Common Shares 300 $ 0 0 D MTH Common Stock $ 40.25 03/05/2013 M 300 08/21/2009 08/21/2013 MTH Common Shares 300 $ 0 0 D MTH Common Stock $ 40.25 03/05/2013 M 300 08/21/2010 08/21/2013 MTH Common Shares 300 $ 0 0 D MTH Common Stock $ 40.25 03/05/2013 M 300 08/21/2011 08/21/2013 MTH Common Shares 300 $ 0 0 D MTH Common Stock $ 14 03/06/2013 M 1,500 02/05/2013 02/05/2016 MTH Common Shares 1,500 $ 0 0 D MTH Common Stock $ 15.98 03/06/2013 M 700 12/11/2012 12/11/2014 MTH Common Shares 700 $ 0 0 D

Reporting Owners Reporting Owner Name / Address Relationships Director 10% Owner Officer Other Sferruzza Hilla 17851 N. 85TH STREET STE 300 SCOTTSDALE, AZ85255 Chief Accounting Officer Signatures /s/ Hilla Sferruzza 03/07/2013 Signature of Reporting Person Date

Explanation of Responses:

( 1 )Balance reflects all other holdings, including restricted shares that have previously vested. ( 2 )Balance represents restricted shares not vested.

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.

* If the form is filed by more than one reporting person, see Instruction 4(b)(v).

** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).

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