X0202 4 2004-09-21 0 0000833079 Meritage Homes CORP MTH 0001030513 HILTON STEVEN J 8501 E. PRINCESS DRIVE SUITE 290 SCOTTSDALE AZ 85255 1 1 0 0 Co-CEO MTH Common Stock 2004-09-21 4 J 0 30419 D 1021197 I Held By Trust MTH Common Stock 2004-09-21 4 J 0 1 D MTH Common Stock 33600 0.00 D As disclosed on October 5, 2001 in his Form 4, Mr. Hilton entered into a Stock Purchase Agreement on September 21, 2001 for the forward sale of 33,600 shares of Meritage Common Stock. On September 21, 2004, Mr. Hilton delivered 30,419 shares of Meritage Homes Corporation Common Stock as settlement for the expiration of the forward sale agreement. Of the 33,600 shares subject to the agreement, Mr. Hilton retained 3,181 shares. /s/ Steven J. Hilton 2004-09-23