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------ U.S. SECURITIES AND EXCHANGE COMMISSION ------------------------------
FORM 4 WASHINGTON, D.C. 20549 OMB APPROVAL
------ ------------------------------
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OMB Number: 3235-0287
[ ] Check box if no Expires: December 31, 2001
longer subject to Filed pursuant to Section 16(a) of the Securities Estimated average burden
Section 16. Form 4 Exchange Act of 1934, Section 17(a) of the hours per response....... 0.5
or Form 5 obligations Public Utility Holding Company Act of 1935 ------------------------------
may continue. See or Section 30(f) of the Investment Company
Instruction 1(b). Act of 1940
(Please Print or Type Responses)
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<S> <C> <C> <C> <C> <C> <C>
1. Name and Address of Reporting Person* 2. Issuer Name and Ticker or Trading Symbol 6. Relationship of Reporting Person to
Karatz, Bruce Kaufman and Broad Home Corporation (KBH) Issuer (Check all applicable)
--------------------------------------------- ---------------------------------------------- X Director 10% Owner
(Last) (First) (Middle) 3. IRS or Social Security 4. Statement for ---- ---
10990 Wilshire Blvd. Number of Reporting Month/Year X Officer (give Other (Specify
--------------------------------------------- Person (Voluntary) December 2000 ---- title --- below)
(Street) ------------------ below)
Los Angeles, CA 90024 5. If Amendment, Chairman/President/CEO
--------------------------------------------- -------------------------- Date of Original --------------------------------
(City) (State) (Zip) (Month/Year)
7. Individual or Joint/Group Filing
------------------ (Check applicable line)
X Form filed by one
---- Reporting Person
Form filed by more than
---- one Reporting Person
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TABLE I -- NON-DERIVATIVE SECURITIES ACQUIRED, DISPOSED OF, OR BENEFICIALLY OWNED
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1. Title of Security 2. Trans- 3. Transac- 4. Securities Acquired (A) 5. Amount of Se- 6. Owner- 7. Nature
(Instr. 3) action tion or Disposed of (D) curities Benefi- ship of In-
Date Code (Instr. 3, 4 and 5) cially Owned at Form: direct
(Instr. 8) End of Month Direct Benefi-
(Month/ (Instr. 3 and 4) (D) or cial
Day/ --------------------------------------- Indirect Owner-
Year) Code V Amount (A) or Price (I) ship
(D) (Instr. 4) (Instr. 4)
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Common Stock 12/19/00 M 242,900 A $ 4.75000 D
(1)
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Common Stock 12/19/00 S 242,900 D $34.43970 D
(1)
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Common Stock 12/20/00 M 96,900 A $ 4.75000 D
(1)
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Common Stock 12/20/00 S 96,900 D $32.23820 D
(1)
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Common Stock 12/26/00 M 319,472 A $ 4.75000 D
(1)
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Common Stock 12/26/00 S 319,472 D $33.45950 D
(1)
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Common Stock 12/27/00 M 108,000 A $ 4.75000 D
(1)
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Common Stock 12/27/00 S 108,000 D $33.05530 D
(1)
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Common Stock 12/28/00 M 42,000 A $ 4.75000 D
(1)
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Common Stock 12/28/00 S 42,000 D $33.11340 351,639 D
(1)
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Remainder: Report on a separate line for each class of securities beneficially owned directly or indirectly. (Over)
*If the Form is filed by more than one Reporting Person, see Instruction 4(b)(v).
Potential persons who are respond to the collection of information contained in this form are not required to respond
unless the form displays a currently valid OMB control number.
Page 1 of 2 pages SEC 1474 (3-99)
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FORM 4 (CONTINUED) TABLE II -- DERIVATIVE SECURITIES ACQUIRED, DISPOSED OF, OR BENEFICIALLY OWNED
(E.G., PUTS, CALLS, WARRANTS, OPTIONS, CONVERTIBLE SECURITIES)
<S> <C> <C> <C> <C> <C> <C> <C>
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1. Title of Derivative 2. Conver- 3. Trans- 4. Trans- 5. Number of 6. Date Exer- 7. Title and Amount 8. Price
Security sion or action action Derivative cisable and of Underlying of
(Instr. 3) Exercise Date Code Securities Expiration Securities Deriv-
Price of (Month/ (Instr. Acquired (A) Date (Instr. 3 and 4) ative
Deriv- Day/ 8) or Disposed (Month/Day/ Secur-
ative Year) of (D) (Instr. Year) ity
Security 3, 4, and 5) (Instr. 5)
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Date Expira- Amount or
-------------------------- Exer- tion Title Number of
Code V (A) (D) cisable Date Shares
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Non-Qualified Stock $4.75000 12/19/00 M 242,900 07/24/93 07/24/03 Common 242,900
Option (right to buy) (1) Stock
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Non-Qualified Stock $4.75000 12/20/00 M 96,900 07/24/93 07/24/03 Common 96,900
Option (right to buy) (1) Stock
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Non-Qualified Stock $4.75000 12/26/00 M 319,472 07/24/93 07/24/03 Common 319,472
Option (right to buy) (1) Stock
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Non-Qualified Stock $4.75000 12/27/00 M 108,000 07/24/93 07/24/03 Common 108,000
Option (right to buy) (1) Stock
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Non-Qualified Stock $4.75000 12/28/00 M 42,000 7/24/93 07/24/03 Common 42,900
Option (right to buy) (1) Stock
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<C> <C> <C>
9. Number of 10. Ownership 11. Nature of
Derivative Form of Indirect
Securities Derivative Beneficial
Beneficially Security: Ownership
Owned at End Direct (D) (Instr. 4)
of Month or Indirect (I)
(Instr. 4) (Instr. 4)
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D
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D
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D
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D
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0 D
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Explanation of Responses:
**Intentional misstatements or omissions of facts constitute Federal Criminal Violations. /s/ Kimberly N. King 1/4/01
See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). ------------------------------- -------
**Signature of Reporting Person Date
By: Kimberly N. King, Attorney in Fact
For: Bruce Karatz
Note: File three copies of this Form, one of which must be manually signed.
If space provided is insufficient, see Instruction 6 for procedure.
Potential persons who are to respond to the collection of information
contained in this form are not required to respond unless the form
displays a currently valid OMB Number
Karatz, Bruce Kaufman and Broad Home Corporation (KBH)
10990 Wilshire Blvd. December 2000
Los Angeles, CA 90024
(1) The transactions reported were executed by the reporting person in connection with the settlement of his marital dissolution.
Page 2 of 2
SEC 1474 (3-99)
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