SEC Form 4 · accession 0000795266-17-000089
KB HOME · KBH
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Brian J Woram
Officer — EVP and General Counsel
Period of report
Oct 12, 2017
Accepted (ET)
Oct 16, 2017 · 4:59 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 12, 2017 | M | 49,529 | $11.26 | A | 185,038 | D | |
| Common StockF1 | Oct 12, 2017 | S | 49,529 | $27.11 | D | 135,509 | 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 Options (Right to Buy)F2 | $11.26 | Oct 12, 2017 | M | 49,529 | D | — | Jul 15, 2020 | Common Stock | 49,529 | 30,000 | D |
Explanation of responses
- F1The price reported in Column 4 for the sale transaction is a weighted average price. These shares were sold in multiple transactions at prices ranging from $27.05 to $27.21, 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.