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Pulte Homes, Inc.
__________________________________________
(Exact name of registrant as specified in its charter)

Not Applicable
______________________________________________
Former name or former address, if changed since last report

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

[  ]  Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
[  ]  Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
[  ]  Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
[  ]  Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Item 1.01. Entry into a Material Definitive Agreement.

Restricted Stock and Stock Option Grant. On February 2, 2005, the Compensation Committee of the Board of Directors of Pulte Homes, Inc. approved the grant of shares of restricted stock pursuant to the 2004 Stock Incentive Plan and the Senior Management Annual Incentive Plan to the executive officers. Stock Option Grants were approved by the Compensation Committee at a previous meeting.


	Shares of		Stock Option
Name	Restricted Stock		Grant
William J. Pulte		-0-		-0-
Richard J. Dugas, Jr.		60,000		200,000
Steven C. Petruska		40,000		100,000
Roger A. Cregg		35,000		90,000
John R. Stoller		5,000		15,000

The restricted stock awards vest three years from the grant date. The date of such restricted stock grant to Mr. Stoller was December 9, 2004. A form of the restricted stock agreement is attached as an Exhibit to this Current Report on Form 8-K and is incorporated by reference herein.

The Stock Option Grants are ten year non-qualified stock options, which vest over a four year period; 50% after two years, 75% after three years, and 100% after four years. A form of the stock option grant agreement is attached as an Exhibit to this Current Report on Form 8-K and is incorporated by reference herein.

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.


Michigan	001-09804	38-2766606
_____________________ (State or other jurisdiction	_____________ (Commission	______________ (I.R.S. Employer
of incorporation)	File Number)	Identification No.)

100 Bloomfield Hills Parkway, Suite 300, Bloomfield Hills, Michigan		48304
_________________________________ (Address of principal executive offices)		___________ (Zip Code)


	Pulte Homes, Inc.

February 7, 2005	By:	David M. Sherbin

		Name: David M. Sherbin
		Title: Vice President, General Counsel and Secretary


Exhibit No.		Description

10.1		Form of Restricted Stock Agreement
10.2		Form of Term Sheet and Stock Option Agreement


Date of Report (Date of Earliest Event Reported):		February 2, 2005


Registrant’s telephone number, including area code:		248-647-2750