KB HOME — Director's Dealing 2020

Oct 21, 2020

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: KB HOME (KBH)
CIK: 0000795266
Period of Report: 2020-10-20

Reporting Person: Mandino Matthew W (EVP & Chief Operating Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-10-20	Common Stock	M	15000	$9.70	Acquired	32905	Direct
2020-10-20	Common Stock	S	9248	$40.73	Disposed	23657	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2020-10-20	Non-Qualfied Stock Option (Right to Buy)	$9.7	M	15000	Disposed	2022-01-26	Common Stock (15000.0)	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 $40.59 to $40.96, 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. The shares were sold solely to cover exercise costs and tax withholding obligations.

F2: The stock options vested in three equal installments on January 26, 2013, 2014 and 2015.