Robert V. McGibney - Feb 14, 2024 Form 4 Insider Report for KB HOME (KBH)

Role
President and COO
Signature
Tony Richelieu, Attorney-in-Fact for Robert V. McGibney
Stock symbol
KBH
Transactions as of
Feb 14, 2024
Transactions value $
-$683,473
Form type
4
Date filed
2/16/2024, 04:29 PM
Previous filing
Nov 2, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction KBH Common Stock Options Exercise $216K +14.8K +56.83% $14.62 40.8K Feb 14, 2024 Direct
transaction KBH Common Stock Sale -$900K -14.8K -36.24% $60.86 26K Feb 14, 2024 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 -14.8K -100% $0.00* 0 Feb 14, 2024 Common Stock 14.8K $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 $60.61 to $61.02, 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.