KB HOME 4
4 · KB HOME · Filed Jan 24, 2014
Insider Transaction Report
Form 4
KB HOMEKBH
Wood Michael M.
Director
Transactions
- Award
Common Stock Unit
2014-01-22$18.14/sh+930$16,870→ 930 total - Award
Non-Qualfied Stock Option (Right to Buy)
2014-01-22+2,221→ 2,221 totalExercise: $18.14From: 2015-01-22Exp: 2024-01-22→ Common Stock (2,221 underlying)
Footnotes (2)
- [F1]Award of common stock units under the Amended and Restated KB Home Non-Employee Directors Compensation Plan, which award is exempt under Rule 16b-3. Each stock unit represents the right to receive a payment equal to the fair market value of one share of the issuer's common stock, vests one year from the date of grant and, per the reporting person's election, is to be paid out in one share of the issuer's common stock.
- [F2]Award of common stock options under the Amended and Restated KB Home Non-Employee Directors Compensation Plan, which award is exempt under Rule 16b-3.