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FORM 3
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U.S. SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 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(f)
of the Investment Company Act of 1940
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<S> <C> <C> <C>
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1. Name and Address of Reporting Person* 2. Date of Event Requiring 4. Issuer Name and Ticker or 6. If Amendment, Date
Cardon, William R. Statement Trading Symbol of Original
- ---------------------------------------- (Month/Day/Year) Kaufman & Broad Home Corp. (KBH) Month/Day/Year)
(Last) (First) (Middle) 12/01/98 ----------------------------------
10990 Wilshire Blvd., Suite 800 ---------------------------- 5. Relationship of Reporting -----------------------
- ---------------------------------------- 3. IRS or Social Security Person to Issuer 7. Individual or Joint/
(Street) Number of Reporting (Check all applicable) Group Filing (Check
Los Angeles, CA 90024 Person (Voluntary) Director 10% Owner applicable line)
- -------------------------------------- ----- ----- X Form filed by
(City) (State) (Zip) ---------------------------- X Officer Other ----- One Reporting
----- (give ----- (specify Person
title below) below) Form filed by
SVP/Regional General Mgr. ----- More than One
---------------------------------- Reporting Person
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TABLE 1 -- NON-DERIVATIVE SECURITIES BENEFICIALLY OWNED
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1. Title of Security 2. Amount of Securities 3. Ownership Form: 4. Nature of Indirect
(Instr. 4) Beneficially Owned Direct (D) or Beneficial
(Instr. 4) Indirect (I) Ownership (Instr. 4)
(Instr. 5)
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Common Stock, $1.00 Par Value 7,727 shares D
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*If the form is filed by more than one Reporting Person, see Instruction 5(b)(v).
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. (Over)
(Print or Type Responses) (8/96)
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FORM 3 (CONTINUED) TABLE II -- DERIVATIVE SECURITIES BENEFICIALLY OWNED
(E.G., PUTS, CALLS, WARRANTS, OPTIONS, CONVERTIBLE SECURITIES)
<S> <C> <C> <C> <C> <C>
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1. Title of Derivative Security 2. Date 3. Title and Amount of 4. Conver- 5. Owner- 6. Nature of Indirect
(Instr. 4) Exercisable and Securities Underlying sion or ship Beneficial Ownership
Expiration Date Derivative Security Exercise Form of (Instr. 5)
(Month/Day/ (Instr. 4) Price of Deriv-
Year) Deri- ative
vative Security:
Security
------------------------------------------------- Direct
Date Expira- Amount or (D) or
Exercis- tion Title Number Indirect (I)
able Date of Shares (Instr. 5)
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Emp. Stock Options (Rt. to Buy) (1) 6/18/02 Common Stock 9,000 $7.060 D
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" " " " " " 7/24/03 " " 36,000 $4.75 "
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" " " " " " 11/04/07 " " 10,000 $14.50 "
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" " " " " " 7/28/08 " " 1,500 $19.06 "
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" " " " " " 1/25/10 " " 10,000 $12.88 "
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" " " " " " 1/24/11 " " 10,000 $14.56 "
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" " " " " (2) 1/19/12 " " 12,165 $14.13 "
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" " " " " (2) 12/04/12 " " 25,000 $21.59 "
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Explanation of Responses:
Please see attached continuation sheet. /s/ Kimberly N. King 12/10/98
**Intentional misstatements or omissions of facts constitute Federal Criminal ------------------------------- ------------------
Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). **Signature of Reporting Person Date
Kimberly N. King
Attorney-in-Fact for
William R. Cardon
Note. File three copies of this form, one of which must be manually signed. Page 2
If space provided is insufficient, See Instruction 6 for procedure. (8/96)
(Print or Type Responses)
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FORM 3
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(Continuation)
U.S. SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
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<S> <C> <C>
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1. Name and Address of Reporting Person 2. Date of Event Requiring 4. Issuer Name and Ticker or
Statement (Mo/Day/Yr) Trading Symbol
Cardon, William R. 12/01/98 Kaufman and Broad Home Corporation (KBH)
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(Last) (First) (Middle)
10990 Wilshire Blvd., Suite 800
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(Street)
Los Angeles, CA 90024
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(City) (State) (Zip)
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EXPLANATION OF RESPONSES (continued):
(1) Options vest(ed) in 20% increments each year on the anniversary of date of grant, with full vesting occurring on the
fifth (5th) anniversary of the date of grant.
(2) Options vest(ed) in 33 1/3% increments each year on the anniversary of date of grant, with full vesting occurring on
the third (3rd) anniversary of the date of grant.
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