SEC Form 4 · accession 0000795266-15-000072
KB HOME · KBH
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Nicholas S Franklin
Officer — EVP, Strategic Operations
Period of report
Oct 8, 2015
Accepted (ET)
Oct 13, 2015 · 4:55 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000795266
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Oct 8, 2015 | A | 24,000 | $0.00 | A | 29,000 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Non-Qualified Stock Option (Right to Buy)F2 | $14.92 | Oct 8, 2015 | A | 115,000 | A | — | Oct 8, 2025 | Common Stock | 115,000 | 115,000 | D |
Explanation of responses
- F1Grant of restricted common stock that vests in three equal annual installments on October 25, 2016, 2017 and 2018.
- F2The stock options vest in three equal annual installments beginning on October 8, 2016.