Michael P. Wyatt - Sep 18, 2024 Form 3 Insider Report for HOVNANIAN ENTERPRISES INC (HOV)

Role
Group President
Signature
Elizabeth D. Tice Attorney-in-Fact
Stock symbol
HOV
Transactions as of
Sep 18, 2024
Transactions value $
$0
Form type
3
Date filed
9/30/2024, 09:34 PM
Next filing
Dec 13, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding HOV Class A Common Stock 15.7K Sep 18, 2024 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
holding HOV Employee Stock Option (right to buy) Sep 18, 2024 Class A Common Stock 1.2K $7.85 Direct F2
holding HOV Employee Stock Option (right to buy) Sep 18, 2024 Class A Common Stock 250 $48.75 Direct F2
holding HOV Employee Stock Option (right to buy) Sep 18, 2024 Class A Common Stock 800 $56.25 Direct F2
holding HOV Performance Share Units (2021) Sep 18, 2024 Class A Common Stock 4.14K Direct F3, F4
holding HOV Performance Share Units (2022) Sep 18, 2024 Class A Common Stock 6.31K Direct F4, F5
holding HOV Performance Share Units (2023) Sep 18, 2024 Class A Common Stock 3.84K Direct F4, F6
holding HOV Performance Share Units (2024) Sep 18, 2024 Class A Common Stock 1.18K Direct F4, F7, F8
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes restricted stock units and the share portion of long-term incentive plan awards that are subject to vesting
F2 The option is fully vested
F3 These Performance Share Units are fully vested and settle in shares of Class A Common Stock on June 11, 2026
F4 Vested Performance Share Units convert into Class A Common Stock on a one-for-one basis
F5 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 A Common Stock on the date that is two years following the vesting date
F6 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 A Common Stock on the date that is two years following the vesting date
F7 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 A Common Stock on June 14, 2029
F8 The number of shares of Class A 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

Remarks:

Exhibit List: Exhibit 24 - Power of Attorney.