KB HOME — Director's Dealing 2017

Oct 11, 2017

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: KB HOME (KBH)
CIK: 0000795266
Period of Report: 2017-10-09

Reporting Person: PRAW ALBERT Z (EVP, Real Estate & Bus. Dev.)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2017-10-09	Common Stock	M	150000	$6.32	Acquired	266182	Direct
2017-10-09	Common Stock	S	150000	$25.85	Disposed	116182	Direct
2017-10-09	Common Stock	F	8298	$26.32	Disposed	107884	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2017-10-09	Non-Qualified Stock Options (Right to Buy)	$6.32	M	150000	Disposed	2021-10-06	Common Stock (150000.0)	Direct

Footnotes

F1: The price reported in Column 4 for the sale transaction is a weighted average price. The shares were sold in multiple transactions at prices ranging from $25.64 to $26.16, inclusive. The reporting person undertakes to provide to KB Home, any security holder of KB Home, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within such range.

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 vested in three equal installments on October 6, 2012, 2013 and 2014.