4//SEC Filing
Norton Thomas F 4
Accession 0000795266-18-000021
CIK 0000795266other
Filed
Feb 14, 7:00 PM ET
Accepted
Feb 15, 5:32 PM ET
Size
12.2 KB
Accession
0000795266-18-000021
Insider Transaction Report
Form 4
KB HOMEKBH
Norton Thomas F
SVP, Human Resources
Transactions
- Sale
Common Stock
2018-02-13$30.32/sh−47,179$1,430,467→ 56,383 total - Tax Payment
Common Stock
2018-02-14$31.28/sh−4,578$143,200→ 61,039 total - Exercise/Conversion
Common Stock
2018-02-13$15.44/sh+47,179$728,444→ 103,562 total - Award
Common Stock
2018-02-14+9,234→ 65,617 total - Exercise/Conversion
Non-Qualfied Stock Option (Right to Buy)
2018-02-13−47,179→ 0 totalExercise: $15.44Exp: 2019-10-01→ Common Stock (47,179 underlying)
Footnotes (4)
- [F1]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.
- [F2]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.
- [F3]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.
- [F4]The stock options vested in three equal installments on October 1, 2010, 2011 and 2012.
Documents
Issuer
KB HOME
CIK 0000795266
Entity typeother
Related Parties
1- filerCIK 0001375575
Filing Metadata
- Form type
- 4
- Filed
- Feb 14, 7:00 PM ET
- Accepted
- Feb 15, 5:32 PM ET
- Size
- 12.2 KB