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KB HOME — Director's Dealing 2013
Jan 28, 2013
31150_dirs_2013-01-28_42844633-1da1-4ad7-9913-eb48b19920c2.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: KB HOME (KBH)
CIK: 0000795266
Period of Report: 2013-01-24
Reporting Person: MEZGER JEFFREY T (Director, President and CEO)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2013-01-24 | Non-Qualified Stock Options (Right to Buy) | $6.32 | A | 365000 | Acquired | 2021-10-06 | Common Stock (365000) | Direct |
Footnotes
F1: On October 6, 2011, the reporting person was granted an award of performance-based stock options to purchase an aggregate of 365,000 shares of common stock. The options vest in three equal annual installments subject to the issuer's satisfaction of certain performance criteria as of the end of the issuer's fiscal year in any of 2012, 2013 or 2014. The performance criteria were determined to be satisfied as of the end of the issuer's 2012 fiscal year, resulting in the vesting of one-third of the options, or 121,667 options. The remaining two-thirds of the options, or 243,333 options, are to vest in two annual installments on the anniversary of the grant date.