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KB HOME — Director's Dealing 2014
Apr 7, 2014
31150_dirs_2014-04-07_84a1a012-d39e-49bf-b98c-527377bd7c3d.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: 2014-04-03
Reporting Person: Wood Michael M. (Director)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2014-04-03 | Non-Qualified Stock Option (Right to Buy) | $17.6 | A | 9157 | Acquired | 2024-04-03 | Common Stock (9157.0) | Direct |
| 2014-04-03 | Common Stock Unit | $ | A | 3835 | Acquired | Common Stock (3835.0) | Direct |
Footnotes
F1: Award of common stock options under the Amended and Restated KB Home Non-Employee Directors Compensation Plan, which award is exempt under Rule 16b-3.
F2: Award of common stock units under the Amended and Restated KB Home Non-Employee Directors Compensation Plan, which award is exempt under Rule 16b-3. Each stock unit represents the right to receive a payment equal to the fair market value of one share of the issuer's common stock, vests one year from the date of grant and, per the reporting person's election, is to be paid out in one share of the issuer's common stock.