J. Larry Sorsby - 13 Dec 2023 Form 4 Insider Report for HOVNANIAN ENTERPRISES INC (HOV)

Role
Director
Signature
Elizabeth D. Tice Attorney-in-Fact
Issuer symbol
HOV
Transactions as of
13 Dec 2023
Net transactions value
$0
Form type
4
Filing time
14 Dec 2023, 18:38:08 UTC
Previous filing
16 Jun 2023
Next filing
18 Dec 2023
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 Award $0 +24,880 +20% $0.000000 147,529 13 Dec 2023 Direct F1, F2
holding HOV Class A Common Stock 15,903 13 Dec 2023 Held by GRAT
holding HOV Class A Common Stock 6,363 13 Dec 2023 Held by Spouse
holding HOV Class A Common Stock 9,540 13 Dec 2023 Held by Spouse's GRAT
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The date of the transaction represents the date on which the financial performance criteria of a previously granted long-term incentive plan ("LTIP") award were determined to have been satisfied.
F2 The LTIP award vests as follows: (a) 14,930 shares vest on October 31, 2023, (b) 4,978 shares vest on October 31, 2024, and (c) 4,972 shares vest on October 31, 2025, which shares shall be delivered two years after the respective vesting dates