KB HOME — Director's Dealing 2019

Oct 30, 2019

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: KB HOME (KBH)
CIK: 0000795266
Period of Report: 2019-10-28

Reporting Person: MEZGER JEFFREY T (Director, President and CEO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2019-10-28	Common Stock	M	63963	$11.06	Acquired	937238	Direct
2019-10-28	Common Stock	S	63963	$36.30	Disposed	873275	Direct
2019-10-29	Common Stock	M	7986	$11.06	Acquired	881261	Direct
2019-10-29	Common Stock	S	7986	$36.02	Disposed	873275	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2019-10-28	Non-Qualified Stock Option (Right to Buy)	$11.06	M	63963	Disposed	2020-10-07	Common Stock (63963.0)	Direct
2019-10-29	Non-Qualified Stock Option (Right to Buy)	$11.06	M	7986	Disposed	2020-10-07	Common Stock (7986.0)	Direct

Footnotes

F1: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $36.01 to $36.79, 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 the ranges set forth in footnotes (1) and (2) to this Form 4.

F2: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $36.00 to $36.05, inclusive.

F3: These performance-based stock options, which expire on October 7, 2020, vested in full on January 23, 2014 based on the satisfaction of the applicable performance criteria.