SEC Form 4 · accession 0000795266-16-000169
KB HOME · KBH
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Thomas F Norton
Officer — SVP, Human Resources
Period of report
Oct 6, 2016
Accepted (ET)
Oct 11, 2016 · 5:01 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 6, 2016 | A | 8,637 | $0.00 | A | 57,870 | D | |
| Common Stock | Oct 10, 2016 | F | 2,255 | $15.89 | D | 55,615 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Non-Qualfied Stock Option (Right to Buy)F3 | $16.21 | Oct 6, 2016 | A | 27,495 | A | — | Oct 6, 2026 | Common Stock | 27,495 | 27,495 | D |
Explanation of responses
- F1Grant of restricted common stock that vests in three equal annual installments on October 25, 2017, 2018 and 2019.
- F2Disposition of common stock to the issuer solely to cover tax withholding obligations arising from the vesting of a previous grant of restricted shares.
- F3The stock options vest in three equal annual installments beginning on October 6, 2017.