| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | HOV | Class A Common Stock | Options Exercise | $0 | +34.6K | $0.00 | 34.6K | Jan 5, 2024 | Direct | F1 | |
| transaction | HOV | Class A Common Stock | Disposed to Issuer | -$5.33M | -34.6K | -100% | $154.32 | 0 | Jan 5, 2024 | Direct | F1 |
| holding | HOV | Class A Common Stock | 60.5K | Jan 5, 2024 | Held as trustee of trusts for Esther K. Barry's family | F2, F3 | |||||
| holding | HOV | Class A Common Stock | 51.1K | Jan 5, 2024 | Held as trustee of trusts for Lucy K. Kalian's family | F2, F4 | |||||
| holding | HOV | Class A Common Stock | 63.5K | Jan 5, 2024 | Held as trustee of trusts for Nadia K. Rodriguez's family | F2, F5 | |||||
| holding | HOV | Class A Common Stock | 52.5K | Jan 5, 2024 | Held as trustee of trusts for Sossie K. Najarian's family | F2, F6 | |||||
| holding | HOV | Class A Common Stock | 3.56K | Jan 5, 2024 | Held by trusts for Esther K. Barry's family | F2, F7 | |||||
| holding | HOV | Class A Common Stock | 4.13K | Jan 5, 2024 | Held by trusts for Lucy K. Kalian's family | F2, F8 | |||||
| holding | HOV | Class A Common Stock | 720 | Jan 5, 2024 | Held by trusts for Nadia K. Rodriguez's family | F2, F9 | |||||
| holding | HOV | Class A Common Stock | 720 | Jan 5, 2024 | Held by trusts for Sossie K. Najarian's family | F2, F10 | |||||
| holding | HOV | Class A Common Stock | 668 | Jan 5, 2024 | Held by wife |
| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | HOV | Phantom Shares | Options Exercise | $0 | -34.6K | -100% | $0.00* | 0 | Jan 5, 2024 | Class A Common Stock | 34.6K | Direct | F1, F11, F12 |
| 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 award 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 The Esther K. Barry Family 1994 Long-Term Trust, of which the reporting person is a trustee and has a potential remainder interest |
| F8 | 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 |
| F9 | 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 |
| F10 | 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 |
| F11 | The Phantom Shares vested on October 31, 2023 and settled in cash in the January following vesting. |
| F12 | 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. |