Brian J. Woram - Jan 26, 2024 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
Jan 26, 2024
Transactions value $
-$4,175,390
Form type
4
Date filed
1/30/2024, 05:20 PM
Previous filing
Jan 22, 2024
Next filing
Mar 1, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction KBH Common Stock Options Exercise $149K +10K +6.41% $14.92 166K Jan 26, 2024 Direct
transaction KBH Common Stock Sale -$596K -10K -6.02% $59.55 156K Jan 26, 2024 Direct F1
transaction KBH Common Stock Options Exercise $448K +30K +19.22% $14.92 186K Jan 30, 2024 Direct
transaction KBH Common Stock Options Exercise $864K +53.3K +28.62% $16.21 239K Jan 30, 2024 Direct
transaction KBH Common Stock Sale -$4.99M -82.5K -34.45% $60.52 157K Jan 30, 2024 Direct F2
transaction KBH Common Stock Sale -$49K -800 -0.51% $61.28 156K Jan 30, 2024 Direct F3

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 -10K -25% $0.00 30K Jan 26, 2024 Common Stock 10K $14.92 Direct F4
transaction KBH Non-Qualified Stock Option (Right to Buy) Options Exercise $0 -30K -100% $0.00* 0 Jan 30, 2024 Common Stock 30K $14.92 Direct F4
transaction KBH Non-Qualfied Stock Option (Right to Buy) Options Exercise $0 -53.3K -100% $0.00* 0 Jan 30, 2024 Common Stock 53.3K $16.21 Direct F5
* 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 $59.25 to $60.05, 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)-(3).
F2 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $60.22 to $61.20, inclusive.
F3 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $61.24 to $61.32, inclusive.
F4 The stock options vested in three equal annual installments beginning on October 8, 2016.
F5 The stock options vested in three equal annual installments beginning on October 6, 2017.