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

Role
Director
Signature
Elizabeth D. Tice Attorney-in-Fact
Stock symbol
HOV
Transactions as of
Dec 13, 2023
Transactions value $
$0
Form type
4
Date filed
12/14/2023, 06:38 PM
Previous filing
Jun 16, 2023
Next filing
Dec 18, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction HOV Class A Common Stock Award $0 +24.9K +20.29% $0.00 148K Dec 13, 2023 Direct F1, F2
holding HOV Class A Common Stock 15.9K Dec 13, 2023 Held by GRAT
holding HOV Class A Common Stock 6.36K Dec 13, 2023 Held by Spouse
holding HOV Class A Common Stock 9.54K Dec 13, 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