Jeffrey T. Mezger - May 16, 2023 Form 4 Insider Report for KB HOME (KBH)

Role
President and CEO, Director
Signature
Tony Richelieu, Attorney-in-Fact for Jeffrey T. Mezger
Stock symbol
KBH
Transactions as of
May 16, 2023
Transactions value $
-$4,293,911
Form type
4
Date filed
5/18/2023, 04:57 PM
Previous filing
Feb 28, 2023
Next filing
Jan 22, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction KBH Common Stock Options Exercise $2.49M +150K +10.19% $16.63 1.62M May 16, 2023 Direct
transaction KBH Common Stock Sale -$4.43M -98.3K -6.06% $45.07 1.52M May 16, 2023 Direct F1
transaction KBH Common Stock Sale -$2.36M -51.7K -3.39% $45.61 1.47M May 16, 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 -150K -100% $0.00* 0 May 16, 2023 Common Stock 150K $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.