| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | HOV | Class A Common Stock | Options Exercise | $0 | +78.3K | +64.01% | $0.00 | 201K | Jan 7, 2022 | Direct | F1 |
| transaction | HOV | Class A Common Stock | Disposed to Issuer | -$8.8M | -78.3K | -39.03% | $112.43 | 122K | Jan 7, 2022 | Direct | F1 |
| holding | HOV | Class A Common Stock | 63.5K | Jan 7, 2022 | Held as trustee of trusts for Esther K. Barry's family | F2, F3 | |||||
| holding | HOV | Class A Common Stock | 51.6K | Jan 7, 2022 | Held as trustee of trusts for Lucy K. Kalian's family | F2, F4 | |||||
| holding | HOV | Class A Common Stock | 73.5K | Jan 7, 2022 | Held as trustee of trusts for Nadia K. Rodriguez's family | F2, F5 | |||||
| holding | HOV | Class A Common Stock | 63.6K | Jan 7, 2022 | Held as trustee of trusts for Sossie K. Najarian's family | F2, F6 | |||||
| holding | HOV | Class A Common Stock | 14.3K | Jan 7, 2022 | Held by 2021 Trusts | F2, F7 | |||||
| holding | HOV | Class A Common Stock | 3.56K | Jan 7, 2022 | Held by trusts for Esther K. Barry's family | F2, F8 | |||||
| holding | HOV | Class A Common Stock | 4.13K | Jan 7, 2022 | Held by trusts for Lucy K. Kalian's family | F2, F9 | |||||
| holding | HOV | Class A Common Stock | 720 | Jan 7, 2022 | Held by trusts for Nadia K. Rodriguez's family | F2, F10 | |||||
| holding | HOV | Class A Common Stock | 720 | Jan 7, 2022 | Held by trusts for Sossie K. Najarian's family | F2, F11 | |||||
| holding | HOV | Class A Common Stock | 668 | Jan 7, 2022 | Held by wife |
| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | HOV | Class B Common Stock | Tax liability | -$431K | -3.84K | -1.57% | $112.43 | 240K | Jan 7, 2022 | Class A Common Stock | 3.84K | Direct | F12, F13 | |
| transaction | HOV | Phantom Shares | Options Exercise | $0 | -78.3K | -53.12% | $0.00 | 69.1K | Jan 7, 2022 | Class A Common Stock | 78.3K | Direct | F1, F14, F15 | |
| holding | HOV | Class B Common Stock | 5.33K | Jan 7, 2022 | Class A Common Stock | 5.33K | Held as trustee for daughter Serena | F12, F13 | ||||||
| holding | HOV | Class B Common Stock | 5.33K | Jan 7, 2022 | Class A Common Stock | 5.33K | Held as trustee for son Alexander | F12, F13 | ||||||
| holding | HOV | Class B Common Stock | 160 | Jan 7, 2022 | Class A Common Stock | 160 | Held as trustee of the Alexander Hovnanian Trust | F12, F13 | ||||||
| holding | HOV | Class B Common Stock | 160 | Jan 7, 2022 | Class A Common Stock | 160 | Held as trustee of the Alton Hovnanian Trust | F12, F13 | ||||||
| holding | HOV | Class B Common Stock | 157K | Jan 7, 2022 | Class A Common Stock | 157K | Held as trustee of trust for Reporting Person's family | F12, F13, F16 | ||||||
| holding | HOV | Class B Common Stock | 25.3K | Jan 7, 2022 | Class A Common Stock | 25.3K | Held as trustee of trusts for Esther K. Barry's family | F2, F3, F12, F13 | ||||||
| holding | HOV | Class B Common Stock | 25.3K | Jan 7, 2022 | Class A Common Stock | 25.3K | Held as trustee of trusts for Lucy K. Kalian's family | F2, F4, F12, F13 | ||||||
| holding | HOV | Class B Common Stock | 25.3K | Jan 7, 2022 | Class A Common Stock | 25.3K | Held as trustee of trusts for Nadia K. Rodriguez's family | F2, F5, F12, F13 | ||||||
| holding | HOV | Class B Common Stock | 25.3K | Jan 7, 2022 | Class A Common Stock | 25.3K | Held as trustee of trusts for Sossie K. Najarian's family | F2, F6, F12, F13 | ||||||
| holding | HOV | Class B Common Stock | 82.4K | Jan 7, 2022 | Class A Common Stock | 82.4K | Held by 2021 Trusts | F2, F7, F12, F13 | ||||||
| holding | HOV | Class B Common Stock | 50.5K | Jan 7, 2022 | Class A Common Stock | 50.5K | Held by Ara K. Hovnanian Family 1994 long-term trusts | F12, F13, F17 | ||||||
| holding | HOV | Class B Common Stock | 5.13K | Jan 7, 2022 | Class A Common Stock | 5.13K | Held by Reporting Person through partnership interests in the Limited Partnership. | F12, F13 | ||||||
| holding | HOV | Class B Common Stock | 38.7K | Jan 7, 2022 | Class A Common Stock | 38.7K | Held by trusts for Esther K. Barry's family | F2, F8, F12, F13 | ||||||
| holding | HOV | Class B Common Stock | 42K | Jan 7, 2022 | Class A Common Stock | 42K | Held by trusts for Kevork S. Hovnanian's family | F2, F12, F13, F18 | ||||||
| holding | HOV | Class B Common Stock | 38.8K | Jan 7, 2022 | Class A Common Stock | 38.8K | Held by trusts for Lucy K. Kalian's family | F2, F9, F12, F13 | ||||||
| holding | HOV | Class B Common Stock | 22.8K | Jan 7, 2022 | Class A Common Stock | 22.8K | Held by trusts for Nadia K. Rodriguez's family | F2, F10, F12, F13 | ||||||
| holding | HOV | Class B Common Stock | 33.3K | Jan 7, 2022 | Class A Common Stock | 33.3K | Held by trusts for Sossie K. Najarian's family | F2, F11, F12, F13 | ||||||
| holding | HOV | Class B Common Stock | 812 | Jan 7, 2022 | Class A Common Stock | 812 | Held by wife | F12, F13 |
| Id | Content |
|---|---|
| F1 | Represents the settlement of Phantom Shares in an amount of cash equal to the value of a share of Class A Common Stock, par value $.01 per share, non-cumulative ("Class A Common Stock") at the time of payout, as calculated pursuant to the applicable aware agreement. |
| 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 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 |
| F5 | 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 |
| F6 | 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 |
| F7 | Held by trusts for the benefit of the reporting person's family (the "2021 trusts"), of which the reporting person is the investment trustee. |
| F8 | 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 |
| F9 | 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 |
| F10 | 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 |
| F11 | 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 |
| F12 | The 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") |
| F13 | No expiration date |
| F14 | Phantom Shares represent the right to payment in the future solely of an amount of cash based on the future stock price of the Class A Common Stock. Following vesting, each Phantom Share will be paid in an amount of cash equal to the value of a share of Class A Common Stock at the time of payout, as calculated pursuant to the applicable award agreement. |
| F15 | The remaining Phantom Shares vest as follows: (a) 34,556 shares vest on October 31, 2022 and (b) 34,554 shares vest on October 31, 2023 and settle in cash in the January following vesting. |
| F16 | Held by Ara K. Hovnanian 2012 Trust, of which the reporting person is trustee, including shares held through a limited liability company interest in the 2012 LLC. |
| F17 | Held by The Ara K. Hovnanian Family 1994 Long-Term Trust, of which the reporting person is trustee |
| F18 | Held by trusts for the benefit of the family of Kevork S. Hovnanian, of which the reporting person is a trustee and has a potential remainder interest |