MEZGER JEFFREY T 4
4 · KB HOME · Filed Mar 1, 2024
Insider Transaction Report
Form 4
KB HOMEKBH
MEZGER JEFFREY T
DirectorChief Executive Officer
Transactions
- Award
Common Stock
2024-02-28+249,626→ 1,740,924 total - Tax Payment
Common Stock
2024-02-28$63.96/sh−113,480$7,258,181→ 1,627,444 total
Footnotes (2)
- [F1]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 8, 2020. 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, 2020 to November 30, 2023, 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.