Gavin Ryan - Mar 7, 2023 Form 4 Insider Report for CAVCO INDUSTRIES INC. (CVCO)

Signature
/s/ Mickey R. Dragash, attorney-in-fact
Stock symbol
CVCO
Transactions as of
Mar 7, 2023
Transactions value $
-$870,090
Form type
4
Date filed
3/7/2023, 04:57 PM
Previous filing
Aug 4, 2022
Next filing
May 17, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CVCO Common Stock Options Exercise $299K +3K +567.11% $99.65 3.53K Mar 7, 2023 Direct
transaction CVCO Common Stock Sale -$870K -3K -85.01% $290.03 529 Mar 7, 2023 Direct F1

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-Qualified Stock Option (Right to Buy) Options Exercise -$299K -3K -100% $99.65 0 Mar 7, 2023 Common Stock 3K $99.65 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes 452 shares of Restricted Stock Units allocated but not yet vested or delivered.
F2 The Options were fully exercisable on October 10, 2021.

Remarks:

Mr. Ryan is President of Standard Casualty Company, a subsidiary of Cavco Industries, Inc.