Seth G. Schuknecht - 22 May 2024 Form 4 Insider Report for CAVCO INDUSTRIES INC. (CVCO)

Reporting owner
Signature
/s/ Seth G. Schuknecht
Issuer context
Transaction snapshot
SEC evidence
Form type
4
Filing time
23 May 2024, 18:43:11 UTC
Previous filing
19 Apr 2024
Next filing
14 Feb 2025
SEC filing
View on sec.gov

Key filing fact

Seth G. Schuknecht filed Form 4 for CAVCO INDUSTRIES INC. (CVCO) on 23 May 2024.

Key facts

  • This page summarizes Seth G. Schuknecht's Form 4 filing for CAVCO INDUSTRIES INC. (CVCO).
  • 2 reported transactions and 0 derivative rows are listed below.
  • Filing timestamp: 23 May 2024, 18:43.

Change

  • Previous filing in this sequence was filed on 19 Apr 2024.
  • Current net transaction value: $0.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

See Original Filing

Reported transactions

CVCO transaction

Common Stock

Award

Transaction value
$0
Shares
+452
Change %
+135%
Price
$0.000000
Shares after
788
Date
22 May 2024
Ownership
Direct
Footnotes
F1
CVCO transaction

Common Stock

Award

Transaction value
$0
Shares
+229
Change %
+29%
Price
$0.000000
Shares after
1,017
Date
22 May 2024
Ownership
Direct
Footnotes
F2, F3
* indicates a reported price that failed the local validity check.

Explanation of Responses:

Id Content
F1 This is an award of Restricted Stock Units ("RSUs") which 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 This is an award of RSUs to true-up the pro-rated long-term incentive compensation granted to the reporting person in his initial year of employment with the Company consistent with his offer letter, to align with his 3-year vesting period of the award disclosed in the Form 4 filed by the reporting person on April 19, 2024, with a grant date of April 18, 2024. This award of RSUs will vest 33% on April 18, 2025; 33% on April 18, 2026; and 34% on April 18, 2027.
F3 Includes 1,017 shares underlying Restricted Stock Units allocated but not yet vested or delivered.
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