AI assistant
KB HOME — Director's Dealing 2020
Apr 1, 2020
31150_dirs_2020-04-01_c573134a-8cb3-46a1-9202-a22b1950a254.zip
Director's Dealing
Open in viewerOpens in your device viewer
SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: KB HOME (KBH)
CIK: 0000795266
Period of Report: 2020-03-30
Reporting Person: JOHNSON ROBERT L (Director)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2020-03-30 | Common Stock | M | 8739 | $16.67 | Acquired | 84482 | Direct |
| 2020-03-30 | Common Stock | D | 8005 | $18.20 | Disposed | 76477 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2020-03-30 | Non-Qualfied Stock Option (Right to Buy) | $16.67 | M | 8739 | Disposed | 2020-04-01 | Common Stock (8739.0) | Direct |
Footnotes
F1: Based on the reporting person's election, the reporting person received shares of the issuer's common stock equal in value to the positive difference between the exercised stock option's exercise price and the closing price of the issuer's common stock on the date of exercise. Accordingly, the exercised stock option, which was scheduled to expire on April 1, 2020, was settled in a manner similar to a stock appreciation right. These transactions were solely between the issuer and the reporting person and no shares of the issuer's common stock were sold.