KB HOME — Director's Dealing 2016

Oct 11, 2016

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: KB HOME (KBH)
CIK: 0000795266
Period of Report: 2016-10-06

Reporting Person: Kaminski Jeff (EVP & Chief Financial Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2016-10-06	Common Stock	A	25910	—	Acquired	132180	Direct
2016-10-10	Common Stock	F	7827	$15.89	Disposed	124353	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2016-10-06	Non-Qualfied Stock Option (Right to Buy)	$16.21	A	82486	Acquired	2026-10-06	Common Stock (82486.0)	Direct

Footnotes

F1: Grant of restricted common stock that vests in three equal annual installments on October 25, 2017, 2018 and 2019.

F2: Disposition of common stock to the issuer solely to cover tax withholding obligations arising from the vesting of a previous grant of restricted shares.

F3: The stock options vest in three equal annual installments beginning on October 6, 2017.