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

OMB APPROVAL

OMB Number:			3235-0104
Estimated average burden
hours per response:			0.5

1. Name and Address of Reporting Person^*

Keane Peter J

(Last)

(First)

(Middle)

100 BLOOMFIELD HILLS PKWY, STE. 300

(Street)

BLOOMFIELD HILLS

48304

(City)

(State)

(Zip)

2. Date of Event Requiring Statement (Month/Day/Year)
01/01/2006

3. Issuer Name and Ticker or Trading Symbol
PULTE HOMES INC/MI/ [ PHM ]

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

	Director	10% Owner
X	Officer (give title below)	Other (specify below)
	SVP-Operations

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)
Common Stock	78,000	D
Units	60.05⁽¹⁾	D

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)
Empl Stk Option (Right to Buy)	12/13/2005	12/13/2011	Common Stock	2,000	$10.9125	D
Empl Stk Option (Right to Buy)	12/12/2005⁽²⁾	12/12/2012	Common Stock	6,000	$11.4025	D
Empl Stk Option (Right to Buy)	12/11/2005⁽³⁾	12/11/2013	Common Stock	40,000	$21.635	D
Empl Stk Option (Right to Buy)	12/09/2006⁽⁴⁾	12/09/2014	Common Stock	16,000	$28.3625	D
Empl Stk Option (Right to Buy)	12/08/2007⁽⁵⁾	12/08/2015	Common Stock	65,000	$40.405	D

Explanation of Responses:

1. Represents units of the Pulte Homes, Inc. Stock Fund (the Fund) of the Pulte Homes, 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 115.599 shares of Pulte Homes, Inc. Common Stock held in the Fund as of 12/31/2005.

2. Of the 6000 options, 3000 were exerciseable on 12/12/2005 and 3000 will be exerciseable on 12/12/2006.

3. Of the 40000 options, 50% are exerciseable on 12/11/2005; 25% on 12/11/2006; and 25% on 12/11/2007.

4. Of the 16000 options, 50% are exerciseable on 12/9/2006; 25% on 12/9/2007; and 25% on 12/9/2008.

5. Of the 65000 options, 50% exerciseable on 12/8/2007; 25% on 12/8/2008 and 25% on 12/8/2009.

	Peter J Keane	01/10/2006
	** 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.