4 1 praw040303.txt PRAW FORM 4 4 1 NYSE 0001063463 Officer KB HOME 0000795266 95-3666267 04/03/03 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 4 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP [ ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. 1. Name and Address of Reporting Person(s) Praw, Albert Z. 10990 Wilshire Blvd. Los Angeles, CA 90024 2. Issuer Name and Ticker or Trading Symbol KB HOME (KBH) 3. I.R.S. Identification Number of Reporting Person, if an entity (Voluntary) 4. Statement for Month/Day/Year 4/3/03 5. If Amendment, Date of Original (Month/Day/Year) 6. Relationship of Reporting Person(s) to Issuer (Check all applicable) [ ] Director [ ] 10% Owner [X] Officer (give title below) [ ] Other (specify below) SVP, Asset Management 7. 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 Acquired, Disposed of, or Beneficially Owned ------------------------------------------------------------------------------------------------------------------------------------ 1)Title of Security 2)Trans- 3.Trans- 4.Securities Acquired(A) 5)Amount of 6) 7)Nature of action action or Disposed of (D) Securities Indirect Date Code A Beneficially D Beneficial (Month/ or Owned at or Ownership Day/Year) Code V Amount D Price End of Month I ------------------------------------------------------------------------------------------------------------------------------------ Common Stock 04/03/03 M 11,666 A $17.750 D Direct Common Stock 04/03/03 S 11,666 D $47.576 D Direct Common Stock 04/03/03 M 11,667 A $17.188 D Direct Common Stock 04/03/03 S 11,667 D $47.576 D Direct Common Stock 04/03/03 M 16,667 A $25.000 D Direct Common Stock 04/03/03 S 16,667 D $47.576 D Direct Common Stock 04/03/03 M 16,667 A $27.900 D Direct Common Stock 04/03/03 S 16,667 D $47.576 78,537 D Direct Common Stock 8,522 I by Trust Table II (PART 1) Derivative Securities Acquired, Disposed of, or Beneficially Owned (Columns 1 through 6) ------------------------------------------------------------------------------------------------------------------------------------ 1)Title of Derivative 2)Conversion 3)Trans- 4)Trans- 5)Number of Derivative 6)Date Exercisable and Security or Exercise action action Securities Acquired (A) Expiration Date Price of Date Code or Disposed of (D) Derivative Security Code V A D Exercisable Expiration ------------------------------------------------------------------------------------------------------------------------------------ Non-Qualified Stock Option $17.188 04/03/03 M (1) 11,667 05/31/15 (right to buy) Non-Qualified Stock Option $17.750 04/03/03 M (1) 11,666 10/24/14 (right to buy) Non-Qualified Stock Option $25.000 04/03/03 M (1) 16,667 10/13/15 (right to buy) Non-Qualified Stock Option $27.900 04/03/03 M (1) 16,667 10/30/16 (right to buy) Table II (PART 2) Derivative Securities Acquired, Disposed of, or Beneficially Owned (Columns 1,3 and 7 through 11) ------------------------------------------------------------------------------------------------------------------------------------ 1)Title of Derivative 3)Trans- 7)Title and Amount 8)Price 9)Number of 10) 11)Nature of Security action of Underlying of Deri- Derivative Indirect Date Securities vative Securities D Beneficial Amount or Security Beneficially or Ownership Number of Owned at I - Title Shares End of Month ------------------------------------------------------------------------------------------------------------------------------------ Non-Qualified Stock Option 04/03/03 Common Stock 11,667 $47.576 11,666 D Direct (right to buy) Non-Qualified Stock Option 04/03/03 Common Stock 11,666 $47.576 0 D Direct (right to buy) Non-Qualified Stock Option 04/03/03 Common Stock 16,667 $47.576 16,666 D Direct (right to buy) Non-Qualified Stock Option 04/03/03 Common Stock 16,667 $47.576 33,333 D Direct (right to buy) Explanation of Responses: (1) Employee stock options exercised were granted under the registrant's employee stock option plans, all of which are exempt under Sect ion 16b-3.
SIGNATURE OF REPORTING PERSON /S/ By: Kimberly N. King, Attorney in Fact For: Albert Z. Praw DATE 04/03/03