X0306 4 2013-04-04 0 0000795266 KB HOME KBH 0001327441 Finchem Timothy W C/O KB HOME 10990 WILSHIRE BOULEVARD, 7TH FLOOR LOS ANGELES CA 90024 1 0 0 0 Common Stock 2013-04-08 4 M 0 9867 A 9867 D Common Stock 2013-04-08 4 D 0 9867 D 0 D Common Stock Unit 0 2013-04-04 4 A 0 7703 0 A Common Stock 7703 7703 D Non-Qualified Stock Option (Right to Buy) 20.7 2013-04-04 4 A 0 7241 0 A 2014-04-04 2023-04-04 Common Stock 7241 7241 D Common Stock Unit 2013-04-08 4 M 0 9867 D Common Stock 9867 0 D Each common stock unit was the economic equivalent of one share of KB Home common stock, and was settled in cash at the price of KB Home's common stock on January 1, 2013 (which was $15.80 per share), as established at the time of the grant per the reporting person's election. Annual award of common stock units under the Amended and Restated KB Home Non-Employee Directors Compensation Plan and the reporting person's elections, which award is exempt under Rule 16b-3. Each stock unit vests one year from the date of grant and, per the reporting person's election, is to be paid out upon the reporting person's leaving the registrant's Board of Directors. Annual 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. Tony Richelieu, Attorney-in-Fact for Timothy W. Finchem 2013-04-08