SEC Form 4 · accession 0000795266-17-000067
KB HOME · KBH
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Jeffrey T Mezger
Officer — President and CEO · Director
Period of report
Aug 10, 2017
Accepted (ET)
Aug 14, 2017 · 5:00 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 | Aug 10, 2017 | M | 99,248 | $21.51 | A | 682,996 | D | |
| Common StockF1 | Aug 10, 2017 | S | 99,248 | $22.73 | D | 583,748 | D | |
| Common Stock | Aug 11, 2017 | M | 167,418 | $21.51 | A | 751,166 | D | |
| Common StockF2 | Aug 11, 2017 | S | 167,418 | $22.66 | D | 583,748 | D | |
| Common Stock | Aug 14, 2017 | M | 133,334 | $21.51 | A | 717,082 | D | |
| Common StockF3 | Aug 14, 2017 | S | 133,334 | $23.07 | D | 583,748 | 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)F4 | $21.51 | Aug 10, 2017 | M | 99,248 | D | — | Oct 7, 2017 | Common Stock | 99,248 | 300,752 | D |
| Non-Qualfied Stock Option (Right to Buy)F4 | $21.51 | Aug 11, 2017 | M | 167,418 | D | — | Oct 7, 2017 | Common Stock | 167,418 | 133,334 | D |
| Non-Qualfied Stock Option (Right to Buy)F4 | $21.51 | Aug 14, 2017 | M | 133,334 | D | — | Oct 7, 2017 | Common Stock | 133,334 | 0 | D |
Explanation of responses
- F1The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $22.50 to $23.14, 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 the ranges set forth in footnotes (1), (2) and (3) to this Form 4.
- F2The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $22.50 to $22.72, inclusive.
- F3The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $22.79 to $23.25, inclusive.
- F4The stock options, which expire on October 7, 2017, vested in three equal installments on October 7, 2003, 2004 and 2005.