MELISSA LORA - 13 Oct 2021 Form 4 Insider Report for KB HOME (KBH)

Role
Director
Signature
Tony Richelieu, Attorney-in-Fact for Melissa Lora
Issuer symbol
KBH
Transactions as of
13 Oct 2021
Transactions value $
-$27
Form type
4
Filing time
15 Oct 2021, 16:41:39 UTC
Previous filing
27 Aug 2021
Next filing
10 Dec 2021
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction KBH Common Stock Options Exercise $319,882 +11,220 +6.2% $28.51 191,839 13 Oct 2021 Direct
transaction KBH Common Stock Disposed to Issuer -$196,080 -5,011 -2.6% $39.13 186,828 13 Oct 2021 Direct F1
transaction KBH Common Stock Options Exercise $139,234 +16,458 +8.8% $8.46* 203,286 13 Oct 2021 Direct
transaction KBH Common Stock Disposed to Issuer -$287,566 -7,349 -3.6% $39.13 195,937 13 Oct 2021 Direct F1
transaction KBH Common Stock Options Exercise $149,888 +7,241 +3.7% $20.7 203,178 13 Oct 2021 Direct
transaction KBH Common Stock Disposed to Issuer -$126,546 -3,234 -1.6% $39.13 199,944 13 Oct 2021 Direct F1
transaction KBH Common Stock Options Exercise $161,163 +9,157 +4.6% $17.6 209,101 13 Oct 2021 Direct
transaction KBH Common Stock Disposed to Issuer -$160,002 -4,089 -2% $39.13 205,012 13 Oct 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-Qualified Stock Option (Right to Buy) Options Exercise $0 -11,220 -100% $0* 0 13 Oct 2021 Common Stock 11,220 $28.51 Direct
transaction KBH Non-Qualified Stock Option (Right to Buy) Options Exercise $0 -16,458 -100% $0* 0 13 Oct 2021 Common Stock 16,458 $8.46 Direct
transaction KBH Non-Qualified Stock Option (Right to Buy) Options Exercise $0 -7,241 -100% $0* 0 13 Oct 2021 Common Stock 7,241 $20.7 Direct
transaction KBH Non-Qualified Stock Option (Right to Buy) Options Exercise $0 -9,157 -100% $0* 0 13 Oct 2021 Common Stock 9,157 $17.6 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Based on the reporting person's election, the reporting person received shares of the issuer's common stock equal in value to the positive difference between each exercised stock option's exercise price and the closing price of the issuer's common stock on the date of exercise. Accordingly, each exercised stock option was settled in a manner similar to a stock appreciation right. No shares of the issuer's common stock were sold in these transactions.