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. See Instructions 1(b).
1. Name and Address of Reporting Person
Decker, Richard C.
2728 N. Harwood
Dallas, TX 75201
USA
2. Issuer Name and Ticker or Trading Symbol
3333 Holding Corporation
trades in tandem with Centex Corporation - CTX
3. IRS or Social Security Number of Reporting Person (Voluntary)
4. Statement for Month/Year
8/31/98
5. If Amendment, Date of Original (Month/Year)
6. Relationship of Reporting Person(s) to Issuer (Check all applicable)
(X) Director ( ) 10% Owner (X) Officer (give title below) ( ) Other
(specify below)
President and Chief Executive Officer
7. Individual or Joint/Group Filing (Check Applicable Line)
(X) Form filed by One Reporting Person
( ) Form filed by More than One Reporting Person
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Table I -- Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned |
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1. Title of Security |2. |3. |4.Securities Acquired (A) |5.Amount of |6.Dir |7.Nature of Indirect |
| Transaction | or Disposed of (D) | Securities |ect | Beneficial Ownership |
| | | | Beneficially |(D)or | |
| | | | | A/| | Owned at |Indir | |
| Date |Code|V| Amount | D | Price | End of Month |ect(I)| |
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<S> <C> <C> <C><C> <C> <C> <C> <C> <C>
Common Stock, $0.01 par val|8/24/9|M(1)| |0.1174(2) |A |$13.375(3) | | | |
ue per share |8 | | | | | | | | |
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Common Stock, $0.01 par val|8/24/9|S(1)| |0.1174(2) |D |$42.5625(3)| | | |
ue per share |8 | | | | | | | | |
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Table II -- Derivative Securitites Acquired, Disposed of, or Beneficially Owned |
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1.Title of Derivative |2.Con- |3. |4. |5.Number of De |6.Date Exer|7.Title and Amount |8.Price|9.Number |10.|11.Nature of|
Security |version |Transaction | rivative Secu |cisable and| of Underlying |of Deri|of Deriva |Dir|Indirect |
|or Exer | | | rities Acqui |Expiration | Securities |vative |tive |ect|Beneficial |
|cise | | | red(A) or Dis |Date(Month/| |Secu |Securities |(D)|Ownership |
|Price of| | | posed of(D) |Day/Year) | |rity |Benefi |or | |
|Deriva- | | | |Date |Expir| | |ficially |Ind| |
|tive | | | | A/|Exer-|ation| Title and Number | |Owned at |ire| |
|Secu- | | | | | D |cisa-|Date | of Shares | |End of |ct | |
|rity |Date |Code|V| Amount | |ble | | | |Month |(I)| |
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<S> <C> <C> <C> <C><C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
Option Right to Buy |$13.375 |8/24/|M(1)| |0.1174(2) |D |____(|7/26/|Common Stock|0.1174(| |1.052(2) | | |
| |98 | | | | |4) |06 | |2) | | | | |
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Explanation of Responses:
(1) This exercise and/or sale was made pursuant to and in reliance upon the
exemption contained in Rule 16b-3.
(2) Pursuant to a Nominee Agreement dated November 30, 1987, each person who is
the beneficial owner of
shares of Centex Corporation ("Centex") Common Stock is also the beneficial
owner of an undivided interest in
1,000 shares (the "Shares") of common stock of 3333 Holding Corporation, which
Shares are held of record by
Chemical Bank as successor nominee. Each beneficial owner's proportionate
ownership of the Shares is based
on the number of Centex Common Stock he owns divided by the total number of
shares of Centex Common Stock
outstanding from time to time. Until the Nominee Agreement is terminated with
respect to the Shares and
certificates evidencing the Shares are issued in the name of the beneficial
owners thereof, the Reporting Person
has no right to obtain a certificate evidencing his beneficial interest in the
Shares or to dispose of the Shares
separate from Centex Common Stock. Computations set forth in this Form have
been made using 59,612,775
shares of Centex Common Stock outstanding as reported in Centex Corporation's
Form 10-Q for fiscal quarter
ending June 30,
1998.
(3) Per share of Common Stock of Centex
Corporation.
(4) Centex Corporation Employee Stock Option granted 7/26/96. Options vest at
the rate of 20% a year beginning
on the second anniversary of the
grant.
SIGNATURE OF REPORTING PERSON
/s/ Richard C. Decker
DATE
September 1, 1998
