| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| holding | HOV | Class A Common Stock | 558 | Sep 18, 2024 | Direct | ||||||
| holding | HOV | Class A Common Stock | 14.3K | Sep 18, 2024 | Held by Hovnanian Family 2021 trusts | F1 |
| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| holding | HOV | Class B Common Stock | Sep 18, 2024 | Class A Common Stock | 20.8K | Direct | F2, F3, F4 | |||||||
| holding | HOV | Class B Common Stock | Sep 18, 2024 | Class A Common Stock | 82.4K | Held by Hovnanian Family 2021 trusts | F1, F2, F3 | |||||||
| holding | HOV | Option to purchase Class B Common Stock | Sep 18, 2024 | Class A Common Stock | 1K | $7.85 | Direct | F5, F6 | ||||||
| holding | HOV | Option to purchase Class B Common Stock | Sep 18, 2024 | Class A Common Stock | 1.2K | $45.25 | Direct | F5, F6 | ||||||
| holding | HOV | Option to purchase Class B Common Stock | Sep 18, 2024 | Class A Common Stock | 800 | $48.75 | Direct | F5, F6 | ||||||
| holding | HOV | Option to purchase Class B Common Stock | Sep 18, 2024 | Class A Common Stock | 600 | $56.25 | Direct | F5, F6 | ||||||
| holding | HOV | Performance Share Units (2021) | Sep 18, 2024 | Class A Common Stock | 8.86K | Direct | F7, F8, F9 | |||||||
| holding | HOV | Performance Share Units (2022) | Sep 18, 2024 | Class A Common Stock | 13.5K | Direct | F8, F9, F10 | |||||||
| holding | HOV | Performance Share Units (2023) | Sep 18, 2024 | Class A Common Stock | 12.3K | Direct | F8, F9, F11 | |||||||
| holding | HOV | Performance Share Units (2024) | Sep 18, 2024 | Class A Common Stock | 4.62K | Direct | F8, F9, F12, F13 |
| Id | Content |
|---|---|
| F1 | The Reporting Person disclaims beneficial ownership of these securities except to the extent of his potential pecuniary interest therein, and the inclusion of these shares in this report shall not be deemed an admission of the beneficial ownership of all of the reported shares for purposes of Section 16 or for any other purpose |
| F2 | Vested Class B Common Stock, par value $.01 per share, non-cumulative ("Class B Common Stock"), is immediately convertible into an equal number of shares of Class A Common Stock, par value $.01 per share, non-cumulative ("Class A Common Stock") |
| F3 | No expiration date |
| F4 | Includes restricted stock units and the share portion of long-term incentive plan awards that are subject to vesting |
| F5 | The option is fully vested |
| F6 | Upon exercise of the option, shares of Class B Common Stock would be purchased. Shares of Class B Common Stock are immediately convertible into an equal number of shares of Class A Common Stock |
| F7 | These Performance Share Units are fully vested and settle in shares of Class A Common Stock on June 11, 2026 |
| F8 | Upon, and to the extent of, vesting of the Performance Share Units, shares of Class B Common Stock would be received. Shares of Class B Common Stock are immediately convertible into an equal number of shares of Class A Common Stock on a one-for-one basis |
| F9 | Vested Performance Share Units convert into Class B Common Stock on a one-for-one basis |
| F10 | Earned portion of the performance share unit award vests based on satisfaction of service vesting conditions through June 10, 2025 and will be delivered in shares of Class B Common Stock on the date that is two years following the vesting date |
| F11 | Earned portion of the performance share unit award vests based on satisfaction of service vesting conditions through June 9, 2026 and will be delivered in shares of Class B Common Stock on the date that is two years following the vesting date |
| F12 | These Performance Share Units vest based on satisfaction of service vesting conditions through June 14, 2027 to the extent of the achievement of specified performance criteria over a performance period ending on April 30, 2025 and, to the extent vested, settle in shares of Class B Common Stock on June 14, 2029. |
| F13 | The number of shares of Class B Common Stock that would be received upon vesting of the Performance Share Units will vary from 50% to 200% of the number shown depending on the achievement of certain performance criteria during the relevant performance period. |
Exhibit List: Exhibit 24 - Power of Attorney.