Matthew A. Nino - May 15, 2023 Form 4 Insider Report for CAVCO INDUSTRIES INC. (CVCO)

Role
President, Retail
Signature
/s/ Mickey R. Dragash, attorney-in-fact
Stock symbol
CVCO
Transactions as of
May 15, 2023
Transactions value $
-$25,370
Form type
4
Date filed
5/17/2023, 07:58 PM
Previous filing
Jun 7, 2022
Next filing
May 26, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CVCO Common Stock Award $0 +339 +41.09% $0.00 1.16K May 15, 2023 Direct F1
transaction CVCO Common Stock Award $0 +306 +26.29% $0.00 1.47K May 15, 2023 Direct F2
transaction CVCO Common Stock Tax liability -$25.4K -86 -5.85% $295.00 1.38K May 15, 2023 Direct F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Award of Restricted Stock Units that will pay out into shares of Common Stock of the Company as follows: 33% on the first anniversary of the grant date, 33% on the second anniversary of the grant date and 34% on the third anniversary of the grant date.
F2 Release of FY20-23 Performance-based Restricted Stock.
F3 Surrender of shares for payment of tax withholding on release of Performance-based Restricted Stock Units.
F4 Includes 1,107 shares underlying Restricted Stock Units allocated but not yet vested or delivered.