KB HOME — Director's Dealing 2019

Sep 26, 2019

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: KB HOME (KBH)
CIK: 0000795266
Period of Report: 2019-09-24

Reporting Person: Woram Brian J (EVP and General Counsel)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2019-09-24	Common Stock	M	15100	$6.32	Acquired	156870	Direct
2019-09-24	Common Stock	S	15100	$32.01	Disposed	141770	Direct
2019-09-25	Common Stock	M	94900	$6.32	Acquired	236670	Direct
2019-09-25	Common Stock	S	94900	$32.06	Disposed	141770	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2019-09-24	Non-Qualified Stock Options (Right to Buy)	$6.32	M	15100	Disposed	2021-10-06	Common Stock (15100.0)	Direct
2019-09-25	Non-Qualified Stock Options (Right to Buy)	$6.32	M	94900	Disposed	2021-10-06	Common Stock (94900.0)	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 $32.00 to $32.05,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. The transactions reported on this Form 4 were conducted pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on February 13, 2019.

F2: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $32.00 to $32.18,inclusive.

F3: The stock options vested in three equal installments on October 6, 2012, 2013 and 2014.