William C. Boor - 19 Nov 2021 Form 4 Insider Report for CAVCO INDUSTRIES INC. (CVCO)

Role: President & CEO, Director
Signature: /s/ Mickey R. Dragash, attorney-in-fact
Issuer symbol: CVCO
Transactions as of: 19 Nov 2021
Net transactions value: -$303,402
Form type: 4
Filing time: 22 Nov 2021, 15:19:07 UTC
Previous filing: 29 Jun 2021
Next filing: 26 May 2022
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	CVCO	Common Stock	Options Exercise	$303,600	+4,000	+38%	$75.90	14,440	19 Nov 2021	Direct
transaction	CVCO	Common Stock	Tax liability	$303,402	-1,033	-7.2%	$293.71	13,407	19 Nov 2021	Direct	F1, F2
holding	CVCO	Common Stock						380	19 Nov 2021	By Spouse

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	CVCO	Non-Employee Director Stock Option (Right to Buy)	Options Exercise	$303,600	-4,000	-100%	$75.90	0	19 Nov 2021	Common Stock	4,000	$75.90	Direct	F3

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Surrender of shares for payment of option exercise price.
F2	Includes 4,500 shares underlying Restricted Stock Units allocated but not yet vested or delivered.
F3	The option was fully exercisable on July 9, 2016.