Brian J. Woram - Aug 16, 2023 Form 4 Insider Report for KB HOME (KBH)

Role
EVP and General Counsel
Signature
Tony Richelieu, Attorney-in-Fact for Brian J. Woram
Stock symbol
KBH
Transactions as of
Aug 16, 2023
Transactions value $
-$1,515,324
Form type
4
Date filed
8/17/2023, 05:14 PM
Previous filing
May 18, 2023
Next filing
Nov 16, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction KBH Common Stock Options Exercise $597K +40K +25.21% $14.92 199K Aug 16, 2023 Direct
transaction KBH Common Stock Sale -$1.94M -36.7K -18.49% $52.75 162K Aug 16, 2023 Direct F1
transaction KBH Common Stock Sale -$174K -3.27K -2.02% $53.40 159K Aug 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 Option (Right to Buy) Options Exercise $0 -40K -50% $0.00 40K Aug 16, 2023 Common Stock 40K $14.92 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 $52.29 to $53.23, 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 $53.30 to $53.56, inclusive.
F3 The stock options vested in three equal annual installments beginning on October 8, 2016.