FORM 4 Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 STATEMENT OF CHANGES IN 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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1. Name and Address of Reporting Person * PRAW ALBERT Z   2. Issuer Name and Ticker or Trading Symbol KB HOME [KBH] 5. Relationship of Reporting Person(s) to Issuer (Check all applicable) _____ Director _____ 10% Owner __X__ Officer (give title below) _____ Other (specify below) EVP, Real Estate & Bus. Dev. (Last) (First) (Middle) C/O KB HOME, 10990 WILSHIRE BOULEVARD, 7TH FLOOR 3. Date of Earliest Transaction (Month/Day/Year) 04/17/2019 (Street) LOS ANGELES, CA 90024 4. If Amendment, Date Original Filed(Month/Day/Year) 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 Acquired, Disposed of, or Beneficially Owned

1.Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4) Code V Amount (A) or (D) Price Common Stock 04/17/2019   M   58,881 A $ 14.62 172,660 D   Common Stock 04/17/2019   S   58,881 D $ 25.56 (1) 113,779 D   Common Stock 04/18/2019   M   17,489 A $ 14.62 131,268 D   Common Stock 04/18/2019   S   17,489 D $ 25.76 (2) 113,779 D   Common Stock 04/18/2019   M   80,000 A $ 14.92 193,779 D   Common Stock 04/18/2019   S   80,000 D $ 25.76 (2) 113,779 D   Common Stock 04/18/2019   M   39,000 A $ 16.63 152,779 D   Common Stock 04/18/2019   S   39,000 D $ 25.76 (2) 113,779 D   Common Stock 04/18/2019   M   37,806 A $ 16.21 151,585 D   Common Stock 04/18/2019   S   37,806 D $ 25.76 (2) 113,779 D

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)

1. Title of Derivative Security (Instr. 3)

2. Conversion or Exercise Price of Derivative Security

3. Transaction Date (Month/Day/Year)

3A. Deemed Execution Date, if any (Month/Day/Year)

4. Transaction Code (Instr. 8)

5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4, and 5)

6. Date Exercisable and Expiration Date (Month/Day/Year)

7. Title and Amount of Underlying Securities (Instr. 3 and 4)

8. Price of Derivative Security (Instr. 5)

9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)

10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4)

11. Nature of Indirect Beneficial Ownership (Instr. 4)

Code

V

(A)

(D)

Date Exercisable

Expiration Date

Title

Amount or Number of Shares

Non-Qualfied Stock Option (Right to Buy)

$ 14.62

04/17/2019

M

58,881

(3)

10/09/2024

Common Stock

58,881

$ 0

17,489

D

Non-Qualfied Stock Option (Right to Buy)

$ 14.62

04/18/2019

M

17,489

(3)

10/09/2024

Common Stock

17,489

$ 0

0

D

Non-Qualified Stock Option (Right to Buy)

$ 14.92

04/18/2019

M

80,000

(4)

10/08/2025

Common Stock

80,000

$ 0

0

D

Non-Qualified Stock Option (Right to Buy)

$ 16.63

04/18/2019

M

39,000

(5)

10/10/2023

Common Stock

39,000

$ 0

0

D

Non-Qualfied Stock Option (Right to Buy)

$ 16.21

04/18/2019

M

37,806

(6)

10/06/2026

Common Stock

37,806

$ 0

18,903

D

Reporting Owners

Reporting Owner Name / Address	Relationships
	Director	10% Owner	Officer	Other
PRAW ALBERT Z C/O KB HOME, 10990 WILSHIRE BOULEVARD 7TH FLOOR LOS ANGELES, CA 90024			EVP, Real Estate & Bus. Dev.

Signatures

Tony Richelieu, Attorney-in-Fact for Albert Z. Praw		04/19/2019
**Signature of Reporting Person		Date

Explanation of Responses:

*	If the form is filed by more than one reporting person, see Instruction 4(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 price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $25.50 to $25.66, inclusive. The reporting person undertakes to provide to KB Home, any security holder of KB Home, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnotes (1) and (2) to this Form 4.
(2)	The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $25.50 to $25.94, inclusive.
(3)	The stock options vested in three equal installments on October 9, 2015, 2016 and 2017.
(4)	The stock options vested in three equal installments on October 8, 2016, 2017 and 2018.
(5)	The stock options vested in three equal installments on October 10, 2014, 2015 and 2016.
(6)	The stock options exercised vested in equal installments on October 6, 2017 and 2018. The remaining stock options vest on October 6, 2019.

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