KB HOME — Director's Dealing 2012

Nov 23, 2012

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: KB HOME (KBH)
CIK: 0000795266
Period of Report: 2012-04-12

Reporting Person: NOGALES LUIS G (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2012-04-12	Common Stock	M	5710	—	Acquired	13110	Direct
2012-04-12	Common Stock	D	5710	$8.46	Disposed	7400	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2012-04-12	Common Stock Unit	$	M	5710	Disposed	2012-04-12	Common Stock (5710)	Direct

Footnotes

F1: Each common stock unit was the economic equivalent of one share of KB Home common stock, and was settled in cash per the terms established at grant.