Vincent Pagano Jr. - 09 Jun 2021 Form 4 Insider Report for HOVNANIAN ENTERPRISES INC (HOV)

Role: Director
Signature: Nancy A. Marrazzo Attorney-in-Fact
Issuer symbol: HOV
Transactions as of: 09 Jun 2021
Net transactions value: -$44,370
Form type: 4
Filing time: 11 Jun 2021, 17:04:13 UTC
Previous filing: 10 Jun 2021
Next filing: 15 Jun 2021
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	HOV	Class A Common Stock	Disposed to Issuer	$27,166	-279	-0.8%	$97.37	34,419	09 Jun 2021	Direct	F1
transaction	HOV	Class A Common Stock	Disposed to Issuer	$17,204	-184	-0.53%	$93.50	34,235	10 Jun 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.