Jeffrey T. Mezger - 16 May 2023 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
16 May 2023
Net transactions value
-$4,293,911
Form type
4
Filing time
18 May 2023, 16:57:05 UTC
Previous filing
28 Feb 2023
Next filing
22 Jan 2024
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 $2,494,500 +150,000 +10% $16.63 1,622,577 16 May 2023 Direct
transaction KBH Common Stock Sale $4,430,967 -98,313 -6.1% $45.07 1,524,264 16 May 2023 Direct F1
transaction KBH Common Stock Sale $2,357,444 -51,687 -3.4% $45.61 1,472,577 16 May 2023 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-Qualified Stock Options (Right to Buy) Options Exercise $0 -150,000 -100% $0.000000* 0 16 May 2023 Common Stock 150,000 $16.63 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $44.38 to $45.375, 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 $45.40 to $45.73, inclusive.
F3 The stock options vested in three equal annual installments beginning on October 10, 2014.