Statement of Changes in Beneficial Ownership (4)

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
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Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940

1. Name and Address of Reporting Person ^* Lord Phillippe	2. Issuer Name and Ticker or Trading Symbol Meritage Homes CORP [ MTH ]	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) 8800 EAST RAINTREE DRIVE, SUITE 300	3. Date of Earliest Transaction (MM/DD/YYYY) 3/1/2021
(Street) SCOTTSDALE, AZ 85260 (City) (State) (Zip)	4. If Amendment, Date Original Filed (MM/DD/YYYY)	6. 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
1.Title of Security (Instr. 3)	2. Trans. Date	2A. Deemed Execution Date, if any	3. Trans. 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)
1.Title of Security (Instr. 3)	2. Trans. Date	2A. Deemed Execution Date, if any	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
MTH Common Stock	3/1/2021		M		9707 ⁽¹⁾	A	$0	38205	D
MTH Common Stock	3/1/2021		A		42853 ⁽¹⁾	A	$0	81058	D
MTH Common Stock	3/2/2021		S		4814 ⁽²⁾	D	$83.93 ⁽³⁾	76244	D
MTH Common Stock	3/2/2021		S		18986 ⁽²⁾	D	$84.85 ⁽⁴⁾	57258 ⁽⁵⁾	D
MTH Common Shares	3/1/2021		A		17568 ⁽⁶⁾	A	$0	55342 ⁽⁷⁾	D

*Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)*
1. Title of Derivate Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Trans. Date	3A. Deemed Execution Date, if any	4. Trans. 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		7. Title and Amount of Securities Underlying Derivative Security (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)
1. Title of Derivate Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Trans. Date	3A. Deemed Execution Date, if any	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)			11. Nature of Indirect Beneficial Ownership (Instr. 4)
Performance Rights	$0.0	3/1/2021		M			9707 ⁽¹⁾	3/1/2021	3/1/2021	MTH Common Shares	9707.0	$0	0	D

Explanation of Responses:
(1)	Represents vesting of restricted stock units upon achievement of pre-specified performance targets.
(2)	Represents sale of shares to cover required tax withholdings under a 10b5-1 plan.
(3)	The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $83.35 to $84.35, inclusive. The reporting person undertakes to provide to the Registrant, any security holder of the Registrant, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in footnote (1).
(4)	The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $84.42 to $85.29, inclusive. The reporting person undertakes to provide to the Registrant, any security holder of the Registrant, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in footnote (1).
(5)	Balance reflects all other holdings, including restricted stock units that have previously vested.
(6)	Represents grant of restricted share units. The shares were granted according to a three-year cliff vesting schedule.
(7)	Balance represents restricted stock units not vested.

Reporting Owners
Reporting Owner Name / Address	Relationships
Reporting Owner Name / Address	Director	10% Owner	Officer	Other
Lord Phillippe 8800 EAST RAINTREE DRIVE SUITE 300 SCOTTSDALE, AZ 85260	X		Chief Executive Officer