SEC Form 4 · accession 0000795266-18-000009
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
Jan 30, 2018
Accepted (ET)
Feb 1, 2018 · 5:11 pm EST
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 | Jan 30, 2018 | M | 125,000 | $6.32 | A | 237,775 | D | |
| Common StockF1 | Jan 30, 2018 | S | 125,000 | $32.53 | D | 112,775 | 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 | $6.32 | Jan 30, 2018 | M | 125,000 | D | — | Oct 6, 2021 | Common Stock | 125,000 | 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 $32.26 to $32.90, 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 October 6, 2012, 2013 and 2014.