Brian J. Woram - Nov 10, 2021 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
Nov 10, 2021
Transactions value $
-$1,060,628
Form type
4
Date filed
11/12/2021, 04:01 PM
Next filing
Feb 18, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction KBH Common Stock Options Exercise $576K +39.4K +37.64% $14.62 144K Nov 10, 2021 Direct
transaction KBH Common Stock Sale -$1.64M -39.4K -27.35% $41.56 105K Nov 10, 2021 Direct F1

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 -39.4K -100% $0.00* 0 Nov 10, 2021 Common Stock 39.4K $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 sales price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $41.30 to $42.23, 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 such range.
F2 The stock options vested in three equal installments on October 9, 2015, 2016 and 2017.