4 1 cardon042803.txt BILL CARDON 42804 FORM 4 4 1 NYSE 0001074928 Other KB HOME 0000795266 95-3666267 04/28/03 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) Cardon, Bill R 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 4/28/03 5. If Amendment, Date of Original (Month/Day/Year) 6. Relationship of Reporting Person(s) to Issuer (Check all applicable) [ ] Director [ ] 10% Owner [ ] Officer (give title below) [X] Other (specify below) Regional General Manager 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 04/28/03 M 10,000 A $14.500 D Direct Common Stock 04/28/03 S 10,000 D $49.123 D Direct Common Stock 04/28/03 M 1,500 A $19.060 D Direct Common Stock 04/28/03 S 1,500 D $49.123 D Direct Common Stock 04/28/03 M 2,425 A $12.880 D Direct Common Stock 04/28/03 S 2,425 D $49.123 D Direct Common Stock 04/28/03 M 1,665 A $14.130 D Direct Common Stock 04/28/03 S 1,665 D $49.123 D Direct Common Stock 04/28/03 M 10,000 A $14.560 D Direct Common Stock 04/28/03 S 10,000 D $49.123 0 D Direct Common Stock 54,717 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 $12.880 04/28/03 M (1) 2,425 01/25/10 (right to buy) Non-Qualified Stock Option $14.130 04/28/03 M (1) 1,665 01/19/12 (right to buy) Non-Qualified Stock Option $14.500 04/28/03 M (1) 10,000 11/04/07 (right to buy) Non-Qualified Stock Option $14.560 04/28/03 M (1) 10,000 01/24/11 (right to buy) Non-Qualified Stock Option $19.060 04/28/03 M (1) 1,500 07/28/08 (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 04/28/03 Common Stock 2,425 0 D Direct (right to buy) Non-Qualified Stock Option 04/28/03 Common Stock 1,665 10,500 D Direct (right to buy) Non-Qualified Stock Option 04/28/03 Common Stock 10,000 0 D Direct (right to buy) Non-Qualified Stock Option 04/28/03 Common Stock 10,000 0 D Direct (right to buy) Non-Qualified Stock Option 04/28/03 Common Stock 1,500 0 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: Bill R. Cardon DATE 04/30/03