KB HOME — Director's Dealing 2021

Oct 15, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: KB HOME (KBH)
CIK: 0000795266
Period of Report: 2021-10-13

Reporting Person: Gilligan Thomas W. (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-10-13	Common Stock	M	10491	$9.89	Acquired	70488	Direct
2021-10-13	Common Stock	D	4136	$39.13	Disposed	66352	Direct
2021-10-13	Common Stock	M	7241	$20.70	Acquired	73593	Direct
2021-10-13	Common Stock	D	2855	$39.13	Disposed	70738	Direct
2021-10-13	Common Stock	M	9157	$17.60	Acquired	79895	Direct
2021-10-13	Common Stock	D	3610	$39.13	Disposed	76285	Direct
2021-10-14	Common Stock	S	35222	$40.49	Disposed	41063	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2021-10-13	Non-Qualified Stock Option (Right to Buy)	$9.89	M	10491	Disposed	2022-07-18	Common Stock (10491.0)	Direct
2021-10-13	Non-Qualified Stock Option (Right to Buy)	$20.7	M	7241	Disposed	2023-04-04	Common Stock (7241.0)	Direct
2021-10-13	Non-Qualified Stock Option (Right to Buy)	$17.6	M	9157	Disposed	2024-04-03	Common Stock (9157.0)	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 each exercised stock option's exercise price and the closing price of the issuer's common stock on the date of exercise. Accordingly, each exercised stock option was settled in a manner similar to a stock appreciation right. No shares of the issuer's common stock were sold in these transactions.