Ownership Submission
FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Expires: January 31, 2005
Estimated average burden hours per response... 0.5

(Print or Type Responses)
1. Name and Address of Reporting Person *
ELLER TIMOTHY R
  2. Issuer Name and Ticker or Trading Symbol
CENTEX CORP [CTX]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
__X__ Director _____ 10% Owner
__X__ Officer (give title below) _____ Other (specify below)
Chief Executive Officer
(Last)
(First)
(Middle)
2728 N HARWOOD
3. Date of Earliest Transaction (Month/Day/Year)
08/18/2009
(Street)

DALLAS, TX 75201-1516
4. If Amendment, Date Original Filed(Month/Day/Year)
6. Individual or Joint/Group Filing(Check Applicable Line)
_X_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person
(City)
(State)
(Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)
7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 08/18/2009   D   341,763 D (1) (6) 555,850 D  
Common Stock 08/18/2009   D   555,850 D (2) (6) 0 D  
Common Stock 08/18/2009   D   164,800 D (3) (6) 0 I Family Limited Partnership (4)
Common Stock 08/18/2009   D   12,888 D (5) (6) 0 I 401K Plan

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number. SEC 1474 (9-02)

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)
6. Date Exercisable and Expiration Date
(Month/Day/Year)
7. Title and Amount of Underlying Securities
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)
11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Employee Stock Option (right to buy) $ 10.7156 08/18/2009   D     344,408   (7) 04/01/2010 Common Stock 344,408 (7) 0 D  
Employee Stock Option (right to buy) $ 31.8364 08/18/2009   D     218,754   (8) 05/14/2010 Common Stock 218,754 (8) 0 D  
Employee Stock Option (right to buy) $ 45.24 08/18/2009   D     216,000   (9) 05/14/2011 Common Stock 216,000 (9) 0 D  
Employee Stock Option (right to buy) $ 57.36 08/18/2009   D     216,000   (10) 05/12/2012 Common Stock 216,000 (10) 0 D  
Employee Stock Option (right to buy) $ 54.5 08/18/2009   D     264,778   (11) 05/11/2013 Common Stock 264,778 (11) 0 D  
Employee Stock Option (right to buy) $ 45.53 08/18/2009   D     90,307   (12) 05/10/2014 Common Stock 90,307 (12) 0 D  
Employee Stock Option (right to buy) $ 22.08 08/18/2009   D     252,844   (13) 05/07/2015 Common Stock 252,844 (13) 0 D  

Reporting Owners

Reporting Owner Name / Address Relationships
 Director  10% Owner  Officer  Other
ELLER TIMOTHY R
2728 N HARWOOD
DALLAS, TX 75201-1516
  X     Chief Executive Officer  

Signatures

 James R. Peacock III as attorney-in-fact for Timothy R. Eller   08/20/2009
**Signature of Reporting Person Date

Explanation of Responses:

* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1) Disposed of pursuant to an Agreement and Plan of Merger dated as of April 7, 2009 between Centex Corporation and Pulte Homes, Inc. ("Merger Agreement") in exchange for 211,760 shares of Pulte common stock, after reduction of shares to pay tax liability upon the vesting of 341,763 shares of restricted stock.
(2) Disposed of pursuant to the Merger Agreement in exchange for 541,953 shares of Pulte common stock owned directly.
(3) Disposed of pursuant to the Merger Agreement in exchange for 160,680 shares of Pulte common stock owned indirectly.
(4) These shares are owned directly by Granite Springs, Ltd., a limited partnership. The reporting person is a general partner of such partnership.
(5) Disposed of pursuant to the Merger Agreement in exchange for an estimated 12,565 shares of Pulte common stock owned indirectly.
(6) On the merger effective date, shares of Pulte common stock had a market value of $12.33 per share.
(7) This option, which was fully vested, was assumed by Pulte Homes, Inc. in the merger and replaced with an option to purchase 335,797 shares of Pulte common stock for $11.00 per share.
(8) This option, which was fully vested, was assumed by Pulte Homes, Inc. in the merger and replaced with an option to purchase 213,285 shares of Pulte common stock for $32.66 per share.
(9) This option, which was fully vested, was assumed by Pulte Homes, Inc. in the merger and replaced with an option to purchase 210,600 shares of Pulte common stock for $46.40 per share.
(10) This option, which was fully vested, was assumed by Pulte Homes, Inc. in the merger and replaced with an option to purchase 210,600 shares of Pulte common stock for $58.84 per share.
(11) This option, which was fully vested, was assumed by Pulte Homes, Inc. in the merger and replaced with an option to purchase 258,158 shares of Pulte common stock for $55.90 per share.
(12) This option, which provided for vesting in 3 equal annual installments beginning March 31, 2009, was assumed by Pulte Homes, Inc. in the merger and replaced with a fully vested option to purchase 88,049 shares of Pulte common stock for $46.70 per share.
(13) This option, which provided for vesting in 3 equal annual installments beginning March 31, 2009, was assumed by Pulte Homes, Inc. in the merger and replaced with a fully vested option to purchase 246,522 shares of Pulte common stock for $22.65 per share.

Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.

Potential persons who are to respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB number.