Jeff Kaminski - 11 Jul 2023 Form 4 Insider Report for KB HOME (KBH)

Signature
Tony Richelieu, Attorney-in-Fact for Jeff Kaminski
Issuer symbol
KBH
Transactions as of
11 Jul 2023
Net transactions value
-$3,959,706
Form type
4
Filing time
12 Jul 2023, 16:24:50 UTC
Previous filing
18 May 2023
Next filing
25 Jan 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction KBH Common Stock Options Exercise $1,584,750 +108,396 +71% $14.62 261,022 11 Jul 2023 Direct
transaction KBH Common Stock Sale $5,544,455 -108,396 -42% $51.15 152,626 11 Jul 2023 Direct F1
transaction KBH Common Stock Gift $0 -28,104 -18% $0.000000 124,522 11 Jul 2023 Direct

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 -108,396 -100% $0.000000* 0 11 Jul 2023 Common Stock 108,396 $14.62 Direct F2
* 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 $50.81 to $51.56, 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 such range.
F2 The stock options vested in three equal annual installments beginning on October 9, 2015.