Filing Details
- Accession Number:
- 0000795266-18-000021
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2018-02-15 17:32:40
- Reporting Period:
- 2018-02-13
- Accepted Time:
- 2018-02-15 17:32:40
- SEC Url:
- Form 4 Filing
Issuer
Insiders
| Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
|---|---|---|---|---|---|---|---|
| 1375575 | F Thomas Norton | C/O Kb Home, 10990 Wilshire Boulevard 7Th Floor Los Angeles CA 90024 | Svp, Human Resources | No | Yes | No | No |
Reported Non-Derivative Transactions
| Sec. Name | Acquisiton - Disposition | Date | Amount | Price | Remaning Holdings | Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|---|---|---|---|---|---|
| Common Stock | Acquisiton | 2018-02-13 | 47,179 | $15.44 | 103,562 | No | 4 | M | Direct | |
| Common Stock | Disposition | 2018-02-13 | 47,179 | $30.32 | 56,383 | No | 4 | S | Direct | |
| Common Stock | Acquisiton | 2018-02-14 | 9,234 | $0.00 | 65,617 | No | 4 | A | Direct | |
| Common Stock | Disposition | 2018-02-14 | 4,578 | $31.28 | 61,039 | No | 4 | F | Direct |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | M | Direct | |
| No | 4 | S | Direct | |
| No | 4 | A | Direct | |
| No | 4 | F | Direct |
Reported Derivative Transactions
| Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
|---|---|---|---|---|---|---|---|
| Common Stock | Non-Qualfied Stock Option (Right to Buy) | Disposition | 2018-02-13 | 47,179 | $0.00 | 47,179 | $15.44 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 0 | 2019-10-01 | No | 4 | M | Direct |
Footnotes
- The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $30.10 to $30.56, 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.
- Represents shares of common stock granted pursuant to the vesting of performance-based restricted stock units ("PSUs") that were initially awarded to the reporting person on October 9, 2014. The management development and compensation committee of the issuer's board of directors determined the number of vested shares based on the issuer's achieving certain levels of cumulative adjusted earnings per share, average adjusted return on invested capital, and revenue growth (relative to a peer group) over the three-year period of December 1, 2014 to November 30, 2017, per the terms of the PSUs.
- Disposition of common stock to the issuer solely to cover tax withholding obligations arising from the grant of common stock pursuant to the above-described vesting of PSUs.
- The stock options vested in three equal installments on October 1, 2010, 2011 and 2012.
Billionaire Hedge Funds
