Form 4 for HOV HOVNANIAN ENTERPRISES INC
Accepted 2022-06-02 00:00:00 ET · period of report 2022-06-01 · accession 0001225208-22-007616 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2022-06-02 | 2022-06-01 | HOV | O'Connor Brad G | SVP, CAO, Treas | M - OptEx | $54.00 | +800 | 14.7K | +6% | +$43.2K |
| D | 2022-06-02 | 2022-06-01 | HOV | O'Connor Brad G | SVP, CAO, Treas | F - Tax | $56.83 | -761 | 13.9K | -5% | -$43.2K |
| D | 2022-06-02 | 2022-06-01 | HOV | O'Connor Brad G | SVP, CAO, Treas | M - OptEx | — | -800 | 0 | -100% | — |
| D | 2022-06-02 | 2022-06-01 | HOV | O'Connor Brad G | SVP, CAO, Treas | A - Grant | $0.00 | +2,068 | 4,136 | +100% | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Class A Common Stock | 2022-06-01 | M | A | 800 | $54.00 | 14,663 | D | — | — | |
| 2 | Common | Class A Common Stock | 2022-06-01 | F | D | 761 | $56.83 | 13,902 | D | — | — | |
| 3 | Derivative | Employee Stock Option (right to buy) | 2022-06-01 | M | D | 800 | — | 0 | D | $54.00 · — to 2022-06-07 | 800 Class A Common Stock | (F1) Adjusted for the Issuer's 1-for-25 reverse stock split with respect to the Class A Common Stock, par value $.01 per share, non-cumulative ("Class A Common Stock"), that occurred on March 29, 2019. (F4) N/A (F2) The option is fully vested |
| 4 | Derivative | Performance Share Units (2021) | 2022-06-01 | A | A | 2,068 | $0.00 | 4,136 | D | — · — to — | 2,068 Class A Common Stock | (F6) The date of the transaction represents the date on which the financial performance criteria of previously granted Performance Share Units were determined to have been satisfied. (F7) Represents the additional number of shares determined to have been earned under the performance share unit award. 2,068 Performance Share Units were previously reported at the time of grant. Earned portion of the performance share unit award vests based on satisfaction of service vesting conditions through June 11, 2024 and will be delivered in shares of Class A Common Stock on the date that is two years following the vesting date, subject to earlier vesting and delivery upon the occurrence of certain qualified termination events. (F5) Vested Performance Share Units convert into Class A Common Stock on a one-for-one basis |