SEC FORM 3

SEC Form 3

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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1. Name and Address of Reporting Person^*

McFarland Joseph III

(Last)

(First)

(Middle)

2455 PACES FERRY ROAD

(Street)

ATLANTA

30339

(City)

(State)

(Zip)

2. Date of Event Requiring Statement (Month/Day/Year)
09/10/2007

3. Issuer Name and Ticker or Trading Symbol
HOME DEPOT INC [ HD ]

4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director	10% Owner
X	Officer (give title below)	Other (specify below)
	Division President - Western

5. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)
$.05 Common Stock	27,506.0172⁽¹⁾	D
$.05 Common Stock	2,402.7653	I	By 401(k)

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
1. Title of Derivative Security (Instr. 4)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
Employee Stock Options	⁽²⁾	02/11/2009	Common Stock	2,250	$37.91	D
Employee Stock Options	⁽²⁾	02/24/2010	Common Stock	1,800	$53	D
Employee Stock Options	⁽²⁾	02/21/2011	Common Stock	3,600	$40	D
Employee Stock Options	⁽²⁾	04/28/2012	Common Stock	4,000	$46.96	D
Employee Stock Options	⁽²⁾	08/21/2012	Common Stock	4,000	$33.86	D
Employee Stock Options	⁽²⁾	03/18/2013	Common Stock	1,000	$24.55	D
Employee Stock Options	⁽³⁾	05/28/2013	Common Stock	11,000	$31.56	D
Employee Stock Options	⁽⁴⁾	03/16/2014	Common Stock	6,750	$36.5	D
Employee Stock Options	⁽⁵⁾	03/22/2015	Common Stock	4,300	$37.7	D
Employee Stock Options	⁽⁶⁾	03/20/2017	Common Stock	17,400	$38.74	D
Restoration Plan Stock Units	⁽⁷⁾	⁽⁷⁾	Common Stock	214.6137	$0.00	D

Explanation of Responses:

1. Includes 13.0172 shares held under Employee Stock Purchase Plan.

2. The options have vested in their entirety and are fully exercisable.

3. The stock options were issued under The Home Depot, Inc. 1997 Omnibus Stock Incentive Plan. 7,250 of the options are currently exercisable and 3,750 options become exercisable on 05/29/2008.

4. The stock options were issued under The Home Depot, Inc. 1997 Omnibus Stock Incentive Plan. 3,375 of the options are currently exercisable; 1,687 options become exercisable on 03/17/2008 and 1,688 options become exercisable on 03/17/2009.

5. The stock options were issued under The Home Depot, Inc. 1997 Omnibus Stock Incentive Plan. 1,075 of the options are currently exercisable and 1,075 options become exercisable on 03/23/2008, 03/23/2009 and 03/23/2010.

6. The stock options were issued under The Home Depot, Inc. 2005 Omnibus Stock Incentive Plan and vest in 25% increments beginning on the second anniversary of the grant date.

7. The restoration plan stock units were acquired under The Home Depot FutureBuilder Restoration Plan and convert to shares of common stock on a one-for-one basis upon a distribution event under the terms of the Plan.

Remarks:

	/s/ Jonathan M. Gottsegen, Attorney-in-Fact	09/17/2007
	** Signature of Reporting Person	Date
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 5 (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).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.