Robert V. McGibney Form 3 KB HOME / Robert V. McGibney ownership change

SEC Form 3

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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1. Name and Address of Reporting Person^*

McGibney Robert V.

(Last) (First) (Middle)

C/O KB HOME

10990 WILSHIRE BOULEVARD, 7TH FLOOR

(Street)

LOS ANGELES CA 90024

(City) (State) (Zip)

2. Date of Event Requiring Statement (Month/Day/Year)
07/08/2021

3. Issuer Name and Ticker or Trading Symbol
KB HOME [ KBH ]

4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director	10% Owner
X	Officer (give title below)	Other (specify below)
EVP and Co-COO

5. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)
Common Stock	17,551	D

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Non-Qualfied Stock Option (Right to Buy)	(1)	10/09/2024	Common Stock	14,781	14.62	D
Non-Qualfied Stock Option (Right to Buy)	(2)	10/08/2025	Common Stock	14,000	14.92	D
Non-Qualfied Stock Option (Right to Buy)	(3)	10/06/2026	Common Stock	20,621	16.21	D

Explanation of Responses:

1. The stock option vested in three equal installments on October 9, 2015, 2016 and 2017.

2. The stock option vested in three equal installments on October 8, 2016, 2017 and 2018.

3. The stock option vested in three equal installments on October 6, 2017, 2018 and 2019.

Remarks:

	Tony Richelieu, Attorney-in-Fact for Robert V. McGibney	07/09/2021
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.