Jeffrey T. Mezger - 08 Nov 2021 Form 4/A - Amendment Insider Report for KB HOME (KBH)

Role: President and CEO, Director
Signature: Tony Richelieu, Attorney-in-Fact for Jeffrey T. Mezger
Issuer symbol: KBH
Transactions as of: 08 Nov 2021
Net transactions value: -$8,843,667
Form type: 4/A - Amendment
Filing time: 10 Nov 2021, 20:48:07 UTC
Date Of Original Report: 10 Nov 2021
Next filing: 12 Nov 2021
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	KBH	Common Stock	Options Exercise	$897,712	+61,403	+5.6%	$14.62	1,159,014	08 Nov 2021	Direct
transaction	KBH	Common Stock	Sale	$2,579,540	-61,403	-5.3%	$42.01	1,097,611	08 Nov 2021	Direct	F1
transaction	KBH	Common Stock	Options Exercise	$2,439,508	+166,861	+15%	$14.62	1,264,472	09 Nov 2021	Direct
transaction	KBH	Common Stock	Sale	$7,118,290	-166,861	-13%	$42.66	1,097,611	09 Nov 2021	Direct	F2
transaction	KBH	Common Stock	Options Exercise	$1,329,104	+90,910	+8.3%	$14.62	1,188,521	10 Nov 2021	Direct
transaction	KBH	Common Stock	Sale	$2,461,890	-59,109	-5%	$41.65	1,129,412	10 Nov 2021	Direct	F3
transaction	KBH	Common Stock	Sale	$1,350,270	-31,801	-2.8%	$42.46	1,097,611	10 Nov 2021	Direct	F4

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	KBH	Non-Qualfied Stock Option (Right to Buy)	Options Exercise	$0	-61,403	-12%	$0.000000	458,897	08 Nov 2021	Common Stock	61,403	$14.62	Direct	F5
transaction	KBH	Non-Qualfied Stock Option (Right to Buy)	Options Exercise	$0	-166,861	-36%	$0.000000	292,036	09 Nov 2021	Common Stock	166,861	$14.62	Direct	F5
transaction	KBH	Non-Qualfied Stock Option (Right to Buy)	Options Exercise	$0	-90,910	-31%	$0.000000	201,126	10 Nov 2021	Common Stock	90,910	$14.62	Direct	F5

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	The sales price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $41.88 to $42.17, 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) through (4) to this Form 4.
F2	The sales price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $42.21 to $43.16, inclusive.
F3	The sales price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $41.29 to $42.28, inclusive.
F4	The sales price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $42.29 to $42.60, inclusive.
F5	The stock options vested in three equal installments on October 9, 2015, 2016 and 2017.

Remarks:

This Form 4/A is being filed solely to correct an inadvertent error in the transaction date of the last reported stock option exercise in column 3 of Table II.