DEFA14A 1 a2021defa14a.htm DEFA14A
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 14A
Proxy Statement Pursuant to Section 14(a) of the
Securities Exchange Act of 1934

Filed by the Registrant | ☒ | Filed by a Party other than the Registrant | ☐

Check the appropriate box:

☐ | Preliminary Proxy Statement
☐ | Confidential, for Use of the Commission Only (as permitted by Rule 14a-6(e)(2))
☐ | Definitive Proxy Statement
☒ | Definitive Additional Materials
☐ | Soliciting Material under §240.14a-12

®
KB HOME
(Name of Registrant as Specified In Its Charter)
(Name of Person(s) Filing Proxy Statement, if other than the Registrant)
Payment of Filing Fee (Check the appropriate box):

☒ | No fee required
☐ | Fee computed on table below per Exchange Act Rules 14a-6(i)(1) and 0-11:
| 1) Title of each class of securities to which transaction applies:
| 2) Aggregate number of securities to which transaction applies:
| 3) Per unit price or other underlying value of transaction computed pursuant to Exchange Act Rule 0-11 (set forth the amount on which the filing fee is calculated and state how it was determined):
| 4) Proposed maximum aggregate value of transaction:
| 5) Total fee paid:
☐ | Fee paid previously with preliminary materials
☐ | Check box if any part of the fee is offset as provided by Exchange Act Rule 0-11(a)(2) and identify the filing for which the offsetting fee was paid previously. Identify the previous filing by registration statement number, or the Form or Schedule and the date of its filing.
| 1) Amount Previously Paid:
| 2) Form, Schedule or Registration Statement No.:
| 3) Filing Party:
| 4) Date Filed:

The definitive additional materials filed herewith are a Notice Regarding the Availability of Proxy Materials for the KB Home Annual Meeting of Stockholders scheduled to be held on April 8, 2021, an email message sent by KB Home’s Chairman, President and Chief Executive Officer to KB Home employees on February 26, 2021, and an email message that KB Home’s transfer agent sent to certain registered stockholders of KB Home regarding the electronic delivery to them of materials for the Annual Meeting.

Subject Line: KB Home 2021 Annual Meeting - Please Vote Your Shares!
Dear KB Home Team:
Our 2021 Annual Meeting of Stockholders will be held virtually through an audio-only webcast at 9:00 a.m. Pacific Time on Thursday, April 8, 2021. You can find the proxy materials for the meeting online at http:// www.kbhome.com/investor/proxy.
Many of you will have the opportunity to vote on the four items of business being considered at the meeting. Your vote is very important!
If on February 5, 2021, you held KB Home common stock (either directly or through our 401(k) Savings Plan), or had common stock options, you will receive a proxy/voting instruction form(s) and/or a notice card(s) with instructions on how to access the proxy materials for the meeting and vote.
Depending on your holdings, including any in a personal brokerage or bank account, you may receive more than one proxy/voting instruction form and/or notice card, and they may be sent to you electronically. Please look for your proxy/voting instruction form(s) or notice card(s) in the mail or in your e-mail account(s). Each proxy/voting instruction form or notice card will have the control number you need to vote and you will need to vote each control number you receive separately.
Please note that if you receive a notice card, you will not receive a corresponding paper or e-mail copy of the proxy materials unless you request a copy by following the instructions provided on your notice card.
For the reasons discussed in the proxy materials, I encourage you to vote
“FOR” the election of each of our directors
“FOR” the advisory vote to approve named executive officer compensation
“FOR” ratifying Ernst & Young LLP’s appointment as our independent registered public accounting firm for the fiscal year ending November 30, 2021
“FOR” approving the amended rights agreement
To ensure your vote is counted, please vote as soon as possible.
If you have any questions about voting or about the Annual Meeting, please contact our Corporate Secretary.
Thank you for your support!
Jeff

Subject Line: KB Home 2021 Annual Meeting of Stockholders
Dear [NAME]:
The KB Home’s 2021 Annual Meeting of Stockholders will be held on April 8, 2021 at 9:00 a.m. PT.
You can now access the meeting materials and cast your vote online.
2 Review Materials
ü Cast Your Vote
Votes submitted online must be received by 11:59 p.m. ET on April 7, 2021.
Click Here to Vote Now
Control No. [ ]
Where your meeting materials will be hosted: www.kbhome.com/investor/proxy