KB HOME — Director's Dealing 2021

Jan 29, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: KB HOME (KBH)
CIK: 0000795266
Period of Report: 2021-01-27

Reporting Person: HOLLINGER WILLIAM R (SVP & Chief Accounting Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-01-27	Common Stock	M	50000	$14.92	Acquired	213984	Direct
2021-01-27	Common Stock	S	50000	$42.16	Disposed	163984	Direct
2021-01-27	Common Stock	M	32651	$16.21	Acquired	196635	Direct
2021-01-27	Common Stock	S	6451	$42.16	Disposed	190184	Direct
2021-01-27	Common Stock	S	26200	$43.10	Disposed	163984	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2021-01-27	Non-Qualified Stock Option (Right to Buy)	$14.92	M	50000	Disposed	2025-10-08	Common Stock (50000.0)	Direct
2021-01-27	Non-Qualfied Stock Option (Right to Buy)	$16.21	M	32651	Disposed	2026-10-06	Common Stock (32651.0)	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 $41.84 to $42.62, 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 $43.00 to $43.28, inclusive.

F3: The stock options vested in three equal installments on October 8, 2016, 2017 and 2018.

F4: The stock options vested in three equal installments on October 6, 2017, 2018 and 2019.