Jeffrey T. Mezger - Jan 23, 2024 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
Jan 23, 2024
Transactions value $
-$11,335,340
Form type
4
Date filed
1/25/2024, 05:21 PM
Previous filing
Jan 22, 2024
Next filing
Jan 30, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction KBH Common Stock Options Exercise $883K +59.2K +3.97% $14.92 1.55M Jan 23, 2024 Direct
transaction KBH Common Stock Sale -$1.14M -19.1K -1.23% $59.59 1.53M Jan 23, 2024 Direct F1
transaction KBH Common Stock Sale -$1.93M -31.9K -2.09% $60.52 1.5M Jan 23, 2024 Direct F2
transaction KBH Common Stock Sale -$498K -8.11K -0.54% $61.39 1.49M Jan 23, 2024 Direct F3
transaction KBH Common Stock Options Exercise $435K +29.1K +1.95% $14.92 1.52M Jan 24, 2024 Direct
transaction KBH Common Stock Sale -$1.63M -27.5K -1.81% $59.36 1.49M Jan 24, 2024 Direct F4
transaction KBH Common Stock Sale -$99.5K -1.66K -0.11% $60.03 1.49M Jan 24, 2024 Direct F5
transaction KBH Common Stock Options Exercise $2.47M +165K +11.08% $14.92 1.66M Jan 25, 2024 Direct
transaction KBH Common Stock Sale -$9.82M -165K -9.98% $59.40 1.49M Jan 25, 2024 Direct F6

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 -59.2K -17.76% $0.00 274K Jan 23, 2024 Common Stock 59.2K $14.92 Direct F7
transaction KBH Non-Qualified Stock Option (Right to Buy) Options Exercise $0 -29.1K -10.64% $0.00 245K Jan 24, 2024 Common Stock 29.1K $14.92 Direct F7
transaction KBH Non-Qualified Stock Option (Right to Buy) Options Exercise $0 -165K -67.55% $0.00 79.4K Jan 25, 2024 Common Stock 165K $14.92 Direct F7
* 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 $59.07 to $60.04, 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 reported in footnotes (1)-(6).
F2 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $60.17 to $61.16, inclusive.
F3 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $61.19 to $61.85, inclusive.
F4 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $59.00 to $59.99, inclusive.
F5 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $60.00 to $60.07, inclusive.
F6 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $59.00 to $59.80, inclusive.
F7 The stock options vested in three equal annual installments beginning on October 8, 2016.