Vincent Pagano Jr - Mar 5, 2024 Form 4 Insider Report for HOVNANIAN ENTERPRISES INC (HOV)

Role
Director
Signature
Elizabeth D. Tice Attorney-in-Fact
Stock symbol
HOV
Transactions as of
Mar 5, 2024
Transactions value $
-$7,510
Form type
4
Date filed
3/7/2024, 07:15 PM
Previous filing
Dec 20, 2023
Next filing
Jun 13, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction HOV Class A Common Stock Options Exercise $57.6K +522 +1.74% $110.25 30.6K Mar 5, 2024 Direct
transaction HOV Class A Common Stock Disposed to Issuer -$7.44K -50 -0.16% $148.88 30.5K Mar 5, 2024 Direct F1
transaction HOV Class A Common Stock Tax liability -$57.6K -387 -1.27% $148.88 30.1K Mar 5, 2024 Direct F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction HOV Stock Option (right to buy) Options Exercise $0 -522 -100% $0.00* 0 Mar 5, 2024 Class A Common Stock 522 $110.25 Direct F3, F4, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Reflects the withholding of shares of Class A Common Stock for cash to cover the Reporting Person's estimated tax liability in connection with the exercise of the options reported herein
F2 Reflects the withholding of shares of Class A Common Stock to cover the exercise price of the options reported as exercised herein
F3 Adjusted for the Issuer's 1-for-25 reverse stock split with respect to the Class A Common Stock, par value $.01 per share, non-cumulative ("Class A Common Stock"), that occurred on March 29, 2019.
F4 This option is fully vested.
F5 N/A