KB HOME 4
4 · KB HOME · Filed Feb 17, 2016
Insider Transaction Report
Form 4
KB HOMEKBH
Norton Thomas F
SVP, Human Resources
Transactions
- Award
Common Stock
2016-02-12+12,708→ 54,009 total - Tax Payment
Common Stock
2016-02-12$10.21/sh−4,776$48,763→ 49,233 total
Footnotes (2)
- [F1]Represents shares of common stock granted pursuant to the vesting of performance-based restricted stock units ("PSUs") that were awarded to the reporting person on November 8, 2012. 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 average return on equity and revenue growth (relative to a peer group) over the three-year period of December 1, 2012 to November 30, 2015, per the terms of the PSUs.
- [F2]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.