Ara K. Hovnanian - Jul 30, 2021 Form 4 Insider Report for HOVNANIAN ENTERPRISES INC (HOV)

Signature
Nancy A. Marrazzo Attorney-in-Fact
Stock symbol
HOV
Transactions as of
Jul 30, 2021
Transactions value $
-$1,054,500
Form type
4
Date filed
8/3/2021, 04:00 PM
Previous filing
Jun 15, 2021
Next filing
Sep 1, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction HOV Class A Common Stock Sale -$1.05M -10K -14.76% $105.45 57.7K Jul 30, 2021 Held as trustee of trusts for Esther K. Barry's family F1, F2, F3
holding HOV Class A Common Stock 122K Jul 30, 2021 Direct
holding HOV Class A Common Stock 7.77K Jul 30, 2021 Held as trustee of trust for Reporting Person's family F4
holding HOV Class A Common Stock 45.8K Jul 30, 2021 Held as trustee of trusts for Lucy K. Kalian's family F2, F5
holding HOV Class A Common Stock 67.7K Jul 30, 2021 Held as trustee of trusts for Nadia K. Rodriguez's family F2, F6
holding HOV Class A Common Stock 57.8K Jul 30, 2021 Held as trustee of trusts for Sossie K. Najarian's family F2, F7
holding HOV Class A Common Stock 720 Jul 30, 2021 Held by Ara K. Hovnanian Family 1994 long-term trusts F8
holding HOV Class A Common Stock 3.56K Jul 30, 2021 Held by trusts for Esther K. Barry's family F2, F9
holding HOV Class A Common Stock 4.13K Jul 30, 2021 Held by trusts for Lucy K. Kalian's family F2, F10
holding HOV Class A Common Stock 720 Jul 30, 2021 Held by trusts for Nadia K. Rodriguez's family F2, F11
holding HOV Class A Common Stock 720 Jul 30, 2021 Held by trusts for Sossie K. Najarian's family F2, F12
holding HOV Class A Common Stock 668 Jul 30, 2021 Held by wife
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents the weighted average sales price for price increments ranging from $105.40 to $106.00. The Reporting Person undertakes to provide, upon request by the Securities and Exchange Commission staff, the Issuer or a security holder of the Issuer, full information regarding the number of shares sold at each separate price for all transactions reported on this Form 4.
F2 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
F3 Held by trusts for the benefit of the family of Esther K. Barry, of which the reporting person is a trustee and has a potential remainder interest, including shares held through a limited liability interest in the Hovnanian Family 2012 LLC (the "2012 LLC").
F4 Held by Ara K. Hovnanian 2012 Trust, of which the reporting person is trustee, through a limited liability company interest in the 2012 LLC
F5 Held by trusts for the benefit of the family of Lucy K. Kalian, of which the reporting person is a trustee and has a potential remainder interest, including shares held through a limited liability interest in the 2012 LLC
F6 Held by trusts for the benefit of the family of Nadia K. Rodriguez, of which the reporting person is a trustee and has a potential remainder interest, including shares held through a limited liability interest in the 2012 LLC
F7 Held by trusts for the benefit of the family of Sossie K. Najarian, of which the reporting person is a trustee and has a potential remainder interest, including shares held through a limited liability interest in the 2012 LLC
F8 Held by The Ara K. Hovnanian Family 1994 Long-Term Trust, of which the reporting person is trustee
F9 Held by The Esther K. Barry Family 1994 Long-Term Trust, of which the reporting person is a trustee and has a potential remainder interest
F10 Held by The Lucy K. Kalian Family 1994 Long-Term Trust, of which the reporting person is a trustee and has a potential remainder interest
F11 Held by The Nadia K. Rodriguez Family 1994 Long-Term Trust, of which the reporting person is a trustee and has a potential remainder interest
F12 Held by The Sossie K. Najarian Family 1994 Long-Term Trust, of which the reporting person is a trustee and has a potential remainder interest