What should I have done?

[sublime]

down to last 5 players at a home tourney. blinds are 200/400 and the antes are 75. I have third largest stack(forget exact #) and am on the button. folded to me I have KQo. SB is second with chips(decent player) and BB is decent player(weak/tight). I raise to T1300(1/3 my stack?) and SB pushes in, BB folds. I have been stealing blinds with anything decent and was called once with 89s and exposed by a short stack.

Thoughts?

The payout structure was simaler to stars and i was already ITM.

[Piiop]

I think that other factors greatly affect the decision. If you fold, does that make you the short stack? Are there other short stacks ready to bust out? If you fold, do you think you will be able to outplay your opponents? Whats the money $$$ between 5th and the higher spots?

What range of hands would the SB make this play with? Have you been blind-stealing so much that he would make a play back at you with a lot of hands you're ahead of?

I think I'd probably fold unless folding leaves me too shortstacked and it's likely the SB is making a play with a worse hand.