Sec Form 4 Filing - Lord Phillippe @ Meritage Homes CORP - 2018-04-02

Insider filing report for Changes in Beneficial Ownership
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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
Lord Phillippe
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)
Executive Vice President, COO
(Last) (First) (Middle)
8800 EAST RAINTREE DRIVE, SUITE 300
3. Date of Earliest Transaction (MM/DD/YY)
04/02/2018
(Street)
SCOTTSDALE, AZ85260
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 04/02/2018 M 1,842 ( 1 ) A $ 0 7,882 D
MTH Common Stock 04/02/2018 A 2,159 ( 1 ) A $ 0 10,041 D
MTH Common Stock 04/03/2018 S 5,009 ( 2 ) D $ 43.4 12,228 ( 3 ) D
MTH Common Shares 17,193 ( 4 ) 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
Performance Rights $ 0 04/02/2018 04/02/2018 M 1,842 04/02/2018 04/02/2018 MTH Common Shares 1,842 $ 0 0 D
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Lord Phillippe
8800 EAST RAINTREE DRIVE
SUITE 300
SCOTTSDALE, AZ85260
Executive Vice President, COO
Signatures
/s/ Alison Sasser, attorney-in-fact for Phillippe Lord 04/04/2018
Signature of Reporting Person Date
Explanation of Responses:
( 1 )Represents vesting of restricted stock upon achievement of pre-specified performance targets
( 2 )Represents sale of shares to cover required tax withholdings under a 10b5-1 plan.
( 3 )Balance reflects all other holdings, including restricted shares that have previously vested.
( 4 )Balance represents restricted shares and restricted share units 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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