SEC Form 4 · accession 0000795266-17-000049
KB HOME · KBH
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Jeff Kaminski
Officer — EVP & Chief Financial Officer
Period of report
Jun 29, 2017
Accepted (ET)
Jul 3, 2017 · 4:28 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 | Jun 29, 2017 | M | 45,017 | $11.26 | A | 178,251 | D | |
| Common StockF1 | Jun 29, 2017 | S | 45,017 | $23.40 | D | 133,234 | D | |
| Common Stock | Jun 29, 2017 | M | 118,000 | $11.06 | A | 251,234 | D | |
| Common StockF1 | Jun 29, 2017 | S | 118,000 | $23.40 | D | 133,234 | 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)F2 | $11.26 | Jun 29, 2017 | M | 45,017 | D | — | Jul 15, 2020 | Common Stock | 45,017 | 0 | D |
| Non-Qualfied Stock Option (Right to Buy)F3 | $11.06 | Jun 29, 2017 | M | 118,000 | D | — | Oct 7, 2020 | Common Stock | 118,000 | 0 | D |
Explanation of responses
- F1The price reported in Column 4 for each sale transaction is a weighted average price. The shares were sold in multiple transactions at prices ranging from $23.12 to $24.05, 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.
- F2The stock options vested in three equal installments on July 15, 2011, 2012 and 2013.
- F3The stock options vested in three equal installments on October 7, 2011, 2012 and 2013.