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KB HOME Director's Dealing 2010

May 21, 2010

31150_dirs_2010-05-21_ecfb8579-0a3c-4691-a955-c115584cedf2.zip

Director's Dealing

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SEC Form 4/A — Form 4/A

Issuer: KB HOME (KBH)
CIK: 0000795266
Period of Report: 2010-04-01

Reporting Person: BOLLENBACH STEPHEN F (Director, Chairman)

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2010-04-01 Common Stock Unit $0 A 8848 Acquired Common Stock (8848) Direct

Footnotes

F1: Annual award of common stock units under the Amended and Restated KB Home Non-Employee Directors Compensation Plan and the reporting person's elections, which award is exempt under Rule 16b-3. Each stock unit vests one year from the date of grant and, per the reporting person's election, is to be paid out upon the reporting person's leaving the registrant's Board of Directors. The original Form 4 erroneously reported the reporting person's grant by 719 stock units.