KB HOME — Director's Dealing 2021

Feb 12, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: KB HOME (KBH)
CIK: 0000795266
Period of Report: 2021-02-11

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-02-11	Common Stock	M	37000	$14.62	Acquired	120257	Direct
2021-02-11	Common Stock	S	37000	$44.89	Disposed	83257	Direct
2021-02-11	Common Stock	M	39000	$16.63	Acquired	122257	Direct
2021-02-11	Common Stock	S	35900	$44.89	Disposed	86357	Direct
2021-02-11	Common Stock	S	3100	$45.54	Disposed	83257	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2021-02-11	Non-Qualfied Stock Option (Right to Buy)	$14.62	M	37000	Disposed	2024-10-09	Common Stock (37000.0)	Direct
2021-02-11	Non-Qualified Stock Option (Right to Buy)	$16.63	M	39000	Disposed	2023-10-10	Common Stock (39000.0)	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 $44.50 to $45.49, 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 each range 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 $45.50 to $45.59, inclusive.

F3: The stock options vested in three equal installments on October 9, 2015, 2016 and 2017.

F4: The stock options vested in three equal installments on October 10, 2014, 2015 and 2016.