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

Signature
Tony Richelieu, Attorney-in-Fact for Jeff Kaminski
Stock symbol
KBH
Transactions as of
Jul 11, 2023
Transactions value $
-$3,959,706
Form type
4
Date filed
7/12/2023, 04:24 PM
Previous filing
May 18, 2023
Next filing
Jan 25, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction KBH Common Stock Options Exercise $1.58M +108K +71.02% $14.62 261K Jul 11, 2023 Direct
transaction KBH Common Stock Sale -$5.54M -108K -41.53% $51.15 153K Jul 11, 2023 Direct F1
transaction KBH Common Stock Gift $0 -28.1K -18.41% $0.00 125K Jul 11, 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 -108K -100% $0.00* 0 Jul 11, 2023 Common Stock 108K $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.