SEC Form 3

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940

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1. Name and Address of Reporting Person* DOUGLAS MICHAEL R (Last) (First) (Middle) 1000 ABERNATHY ROAD SUITE 1200 (Street) ATLANTA GA 30328 (City) (State) (Zip)	2. Date of Event Requiring Statement (Month/Day/Year) 08/23/2007	3. Issuer Name and Ticker or Trading Symbol BEAZER HOMES USA INC [ BZH ]
		4. Relationship of Reporting Person(s) to Issuer (Check all applicable) Director 10% Owner X Officer (give title below) Other (specify below) EVP Special Counsel	5. If Amendment, Date of Original Filed (Month/Day/Year) 09/05/2007
			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 Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)
Common Stock	0	D

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Phantom Stock Options(1)	05/01/2008(3)	05/01/2014	Common Stock	38,603	34	D
Phantom stock(1)	05/01/2008(4)	05/01/2012	Common Stock	15,441	(2)	D

Explanation of Responses:

1. Phantom stock and phantom stock options granted pursuant to Mr. Douglas' employment letter dated May 1, 2007.

2. Each share of phantom stock is the economic equivalent of one share of Beazer common stock.

3. Phantom stock options vest over three years with 33.3% vesting on the first anniversary of the grant. The remaining 66.7% will vest in 8.33% increments each three months over the following two years. Any vested portion will be settled in cash upon exercise.

4. Phantom stock vests over 5 years with 20% vesting on the first anniversary of the grant. The remaining 80% will vest in 5% increments each three months over the following four years. Any vested portion will be settled in cash.

	/s/ Michael R. Douglas	01/09/2008
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (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).
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