Ownership Submission
FORM 3
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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(Print or Type Responses)
1. Name and Address of Reporting Person *
  Mandino Matthew W
2. Date of Event Requiring Statement (Month/Day/Year)
06/01/2018
3. Issuer Name and Ticker or Trading Symbol
KB HOME [KBH]
(Last)
(First)
(Middle)
C/O KB HOME, 10990 WILSHIRE BLVD., 7TH FLOOR
4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
__X__ Officer (give title below) _____ Other (specify below)
EVP & Chief Operating Officer
5. If Amendment, Date Original Filed(Month/Day/Year)
(Street)

LOS ANGELES, CA 90024
6. Individual or Joint/Group Filing(Check Applicable Line)
_X_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person
(City)
(State)
(Zip)
Table I - Non-Derivative Securities Beneficially Owned
1.Title of Security
(Instr. 4)
2. Amount of Securities Beneficially Owned
(Instr. 4)
3. Ownership Form: Direct (D) or Indirect (I)
(Instr. 5)
4. Nature of Indirect Beneficial Ownership
(Instr. 5)
Common Stock 23,136
D
 

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. SEC 1473 (7-02)
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Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 4)
2. Date Exercisable and Expiration Date
(Month/Day/Year)
3. Title and Amount of Securities Underlying Derivative Security
(Instr. 4)
4. Conversion or Exercise Price of Derivative Security 5. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 5)
6. Nature of Indirect Beneficial Ownership
(Instr. 5)
Date Exercisable Expiration Date Title Amount or Number of Shares
Non-Qualfied Stock Option (Right to Buy)   (1) 01/26/2022 Common Stock 15,000 $ 9.7 D  
Non-Qualfied Stock Option (Right to Buy)   (2) 10/10/2023 Common Stock 8,000 $ 16.63 D  
Non-Qualfied Stock Option (Right to Buy)   (3) 10/09/2024 Common Stock 14,781 $ 14.62 D  
Non-Qualfied Stock Option (Right to Buy)   (4) 10/08/2025 Common Stock 14,000 $ 14.92 D  
Non-Qualfied Stock Option (Right to Buy)   (5) 10/06/2026 Common Stock 23,199 $ 16.21 D  

Reporting Owners

Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Mandino Matthew W
C/O KB HOME
10990 WILSHIRE BLVD., 7TH FLOOR
LOS ANGELES, CA 90024
      EVP & Chief Operating Officer  

Signatures

Matthew W. Mandino 06/11/2018
**Signature of Reporting Person Date

Explanation of Responses:

* If the form is filed by more than one reporting person, see Instruction 5(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1) The stock option vested in three equal installments on January 26, 2013, 2014 and 2015.
(2) The stock option vested in three equal installments on October 10, 2014, 2015 and 2016.
(3) The stock option vested in three equal installments on October 9, 2015, 2016 and 2017.
(4) The stock option vests in three equal annual installments. The first two installments vested on October 8, 2016 and 2017. The third installment will vest on October 8, 2018.
(5) The stock option vests in three equal annual installments. The first installment vested on October 6, 2017. The second and third installments will vest on October 6, 2018 and 2019, respectively.
 
Remarks:
Exhibit List
Exhibit 24 - Power of Attorney

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