Joseph A. Marengi - Jun 9, 2021 Form 4 Insider Report for HOVNANIAN ENTERPRISES INC (HOV)

Role: Director
Signature: Nancy A. Marrazzo Attorney-in-Fact
Stock symbol: HOV
Transactions as of: Jun 9, 2021
Transactions value $: -$70,331
Form type: 4
Date filed: 6/11/2021, 05:04 PM
Previous filing: Jun 10, 2021
Next filing: Jun 15, 2021

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	HOV	Class A Common Stock	Disposed to Issuer	-$31.1K	-319	-0.8%	$97.37	39.4K	Jun 9, 2021	Direct	F1
transaction	HOV	Class A Common Stock	Disposed to Issuer	-$39.3K	-420	-1.07%	$93.50	39K	Jun 10, 2021	Direct	F1

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Reflects the withholding of shares of Class A Common Stock, par value $.01 per share, non-cumulative ("Class A Common Stock"), for cash to cover the Reporting Person's estimated tax liability in connection with the distribution of shares of Class A Common Stock related to vested restricted stock units. The withholding of shares was approved by the Issuer's board of directors pursuant to Rule 16b-3 under the Securities Exchange Act of 1934, as amended.

Content

Reflects the withholding of shares of Class A Common Stock, par value $.01 per share, non-cumulative ("Class A Common Stock"), for cash to cover the Reporting Person's estimated tax liability in connection with the distribution of shares of Class A Common Stock related to vested restricted stock units. The withholding of shares was approved by the Issuer's board of directors pursuant to Rule 16b-3 under the Securities Exchange Act of 1934, as amended.