JEFFREY T. MEZGER - 11 Nov 2021 Form 4 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
11 Nov 2021
Transactions value $
-$5,517,010
Form type
4
Filing time
12 Nov 2021, 16:01:15 UTC
Previous filing
10 Nov 2021
Next filing
18 Feb 2022
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 $1.77M +121K +11.06% $14.62 1.22M 11 Nov 2021 Direct
transaction KBH Common Stock Sale -$5.09M -121K -9.96% $41.90 1.1M 11 Nov 2021 Direct F1
transaction KBH Common Stock Options Exercise $1.17M +79.7K +7.26% $14.62 1.18M 12 Nov 2021 Direct
transaction KBH Common Stock Sale -$3.37M -79.7K -6.77% $42.28 1.1M 12 Nov 2021 Direct F2

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 -121K -60.36% $0.00 79.7K 11 Nov 2021 Common Stock 121K $14.62 Direct F3
transaction KBH Non-Qualfied Stock Option (Right to Buy) Options Exercise $0 -79.7K -100% $0.00* 0 12 Nov 2021 Common Stock 79.7K $14.62 Direct F3
* 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 $41.59 to $42.08, 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 sales price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $41.81 to $42.65, inclusive.
F3 The stock options vested in three equal installments on October 9, 2015, 2016 and 2017.