X0306 4 2012-07-18 0 0000795266 KB HOME KBH 0001553750 Gilligan Thomas W. C/O KB HOME 10990 WILSHIRE BOULEVARD, 7TH FLOOR LOS ANGELES CA 90024 1 0 0 0 Non-Qualified Stock Option (Right to Buy) 9.89 2012-07-18 4 A 0 10491 0 A 2013-07-18 2022-07-18 Common Stock 10491 10491 D Common Stock Unit 0 2012-07-18 4 A 0 5118 0 A Common Stock 5118 5118 D 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. 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 vests one year from the date of grant and is to be paid out upon the reporting person's leaving the registrant's Board of Directors. Tony Richelieu, Attorney-in-Fact for Thomas W. Gilligan 2012-07-19