UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 4
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
[ ] Check this box if no longer subject to Section 16.
Form 4 or Form 5 obligations may continue.
1. Name and Address of Reporting Person(s)
Smerge, Raymond G.
Centex Corporation
2728 N. Harwood, 9th Floor
Dallas, TX 75201
2. Issuer Name and Ticker or Trading Symbol
Centex Corporation (CTX)
3. I.R.S. Identification Number of Reporting Person, if an entity (Voluntary)
4. Statement for Month/Year
09/01
5. If Amendment, Date of Original (Month/Year)
6. Relationship of Reporting Person(s) to Issuer (Check all applicable)
[ ] Director [ ] 10% Owner
[X] Officer (give title below) [ ] Other (specify below)
Exec. Vice President, Chief
Legal Officer & Secretary
7. 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 Acquired, Disposed of, or Beneficially Owned
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1)Title of Security 2)Trans- 3.Trans- 4.Securities Acquired(A) 5)Amount
of 6) 7)Nature of
action action or Disposed of (D) Securities
Indirect
Date Code A Beneficially D Beneficial
(Month/ or Owned at or Ownership
Day/Year) Code V Amount D Price End of Month I
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Common Stock 09/04/01 M 34,500 A $17.5625 D
Direct
Common Stock 09/04/01 S 34,500 D $42.9184 600 D
Direct
Common Stock 2,050 I by 401(k)
Plan
Common Stock 1,200 I by Trust
Table II (PART 1) Derivative Securities Acquired, Disposed of, or Beneficially Owned
(Columns 1 through 6)
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1)Title of Derivative 2)Conversion 3)Trans- 4)Trans- 5)Number of Derivative
6)Date Exercisable and
Security or Exercise action action Securities Acquired (A)
Expiration Date
Price of Date Code or Disposed of (D)
Derivative
Security Code V A D Exercisable
Expiration
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Non-Qualified Stock Option $17.5625 09/04/01 M 34,500 (1)
04/01/07
(right to buy)
Non-Qualified Stock Option $23.8100
04/01/10
(right to buy)
Non-Qualified Stock Option $36.0600
04/01/09
(right to buy)
Non-Qualified Stock Option $38.6875
04/01/08
(right to buy)
Non-Qualified Stock Option $39.3600 04/03/01 A V 72,000 (2)
04/02/08
(right to buy)
Table II (PART 2) Derivative Securities Acquired, Disposed of, or Beneficially Owned
(Columns 1,3 and 7 through 11)
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1)Title of Derivative 3)Trans- 7)Title and Amount 8)Price 9)Number
of 10) 11)Nature of
Security action of Underlying of Deri- Derivative
Indirect
Date Securities vative Securities D
Beneficial
Amount or Security Beneficially or
Ownership
Number of Owned at I
- Title Shares End of Month
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Non-Qualified Stock Option 09/04/01 Common Stock 34,500 1,600
D Direct
(right to buy)
Non-Qualified Stock Option Common Stock 72,000 72,000
D Direct
(right to buy)
Non-Qualified Stock Option Common Stock 72,000 72,000
D Direct
(right to buy)
Non-Qualified Stock Option Common Stock 72,000 72,000
D Direct
(right to buy)
Non-Qualified Stock Option 04/03/01 Common Stock 72,000 72,000
D Direct
(right to buy)
Explanation of Responses:
(1)
Shares vest over four years with 20% vesting on the date of grant and 20% vesting on each of
the first four anniversaries of the
date of grant.
(2)
Shares vest over three years with 25% vesting on the date of grant and 25% vesting on each of
the first three anniversaries of the
date of grant.
SIGNATURE OF REPORTING PERSON
/S/ Smerge, Raymond G.
DATE 10/02/01