X0306 4 2012-11-14 0 0000915840 BEAZER HOMES USA INC BZH 0001239441 MERRILL ALLAN P 1000 ABERNATHY RD SUITE 260 ATLANTA GA 30328 0 1 0 0 President and CEO Common Stock 2012-11-14 4 P 0 13500 A 164857 D Stock Option Right to Buy 13.33 2012-11-14 4 P 0 86000 0 A 2020-11-14 Common Stock 86000 86000 D Restricted stock award which is contingent upon the achievement of certain performance criteria. Target award will vest on November 14, 2015 if certain performance metrics are achieved. Actual number of shares could vary and could be zero if performance metrics are not met. Award is subject to forfeiture. One third of these options will vest on each of November 14, 2013, November 14, 2014 and November 14, 2015. Award is subject to forfeiture. /s/ Kenneth F. Khoury 2012-11-16