AMENDMENT NUMBER ONE
TO THE

PULTEGROUP, INC.
2013 STOCK INCENTIVE PLAN
WHEREAS, PulteGroup, Inc., a Michigan corporation (the “Company”), maintains the
PulteGroup, Inc. 2013 Stock Incentive Plan (the “Plan”); and
WHEREAS, pursuant to Section 5.2 of the Plan, the Board of Directors of the
Company (the “Board”) has the authority to amend the Plan as it shall deem
advisable, subject to any requirement of shareholder approval required by
applicable law, rule or regulation; and
WHEREAS, based on recent amendments to applicable accounting standards, the
Board has authorized an amendment of the Plan with respect to the permissible
tax withholding rate for common shares of the Company to be delivered or
withheld to pay a recipient’s required tax obligations.
NOW, THEREFORE, BE IT RESOLVED, that the Plan hereby is amended, effective as
February 10, 2017, as follows:

1.
The last sentence of the second paragraph of Section 1.5 of the Plan is hereby
amended to add the following proviso at the end thereof:

“; provided, however, that, Shares shall not again be available for issuance
under the Plan to the extent prohibited by the rules of the NYSE or other
applicable law, rule, or regulation.”

2.
The penultimate sentence of Section 5.5 of the Plan is hereby amended to add the
following phrase at the end thereof:

“(or, if permitted by the Company, such other rate as will not cause adverse
accounting consequences under the accounting rules then in effect and is
permitted under applicable IRS withholding rules).”

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IN WITNESS WHEREOF, the Company has caused this instrument to be executed by its
duly authorized agent as of February 10, 2017.

PULTEGROUP, INC.

By:     /s/ James R. Ellinghausen
Name:     James R. Ellinghausen
Title:     Executive Vice President, Human Resources