Ara K. Hovnanian - May 14, 2024 Form 4 Insider Report for HOVNANIAN ENTERPRISES INC (HOV)

Signature
Elizabeth D. Tice Attorney-in-Fact
Stock symbol
HOV
Transactions as of
May 14, 2024
Transactions value $
$0
Form type
4
Date filed
5/15/2024, 04:56 PM
Previous filing
Mar 22, 2024
Next filing
Jun 3, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction HOV Class A Common Stock Conversion of derivative security $0 +32.7K +81.58% $0.00 72.9K May 14, 2024 Direct F1
holding HOV Class A Common Stock 60.5K May 14, 2024 Held as trustee of trusts for Esther K. Barry's family F2, F3
holding HOV Class A Common Stock 51.1K May 14, 2024 Held as trustee of trusts for Lucy K. Kalian's family F2, F4
holding HOV Class A Common Stock 63.5K May 14, 2024 Held as trustee of trusts for Nadia K. Rodriguez's family F2, F5
holding HOV Class A Common Stock 51.5K May 14, 2024 Held as trustee of trusts for Sossie K. Najarian's family F2, F6
holding HOV Class A Common Stock 3.56K May 14, 2024 Held by trusts for Esther K. Barry's family F2, F7
holding HOV Class A Common Stock 4.13K May 14, 2024 Held by trusts for Lucy K. Kalian's family F2, F8
holding HOV Class A Common Stock 720 May 14, 2024 Held by trusts for Nadia K. Rodriguez's family F2, F9
holding HOV Class A Common Stock 720 May 14, 2024 Held by trusts for Sossie K. Najarian's family F2, F10
holding HOV Class A Common Stock 668 May 14, 2024 Held by wife

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 Class B Common Stock Conversion of derivative security $0 -32.7K -10.56% $0.00 277K May 14, 2024 Class A Common Stock 32.7K Direct F1, F11, F12
holding HOV Class B Common Stock 5.33K May 14, 2024 Class A Common Stock 5.33K Held as trustee for daughter Serena F11, F12
holding HOV Class B Common Stock 5.33K May 14, 2024 Class A Common Stock 5.33K Held as trustee for son Alexander F11, F12
holding HOV Class B Common Stock 160 May 14, 2024 Class A Common Stock 160 Held as trustee of the Alexander Hovnanian Trust F11, F12
holding HOV Class B Common Stock 160 May 14, 2024 Class A Common Stock 160 Held as trustee of the Alton Hovnanian Trust F11, F12
holding HOV Class B Common Stock 157K May 14, 2024 Class A Common Stock 157K Held as trustee of trust for Reporting Person's family F11, F12, F13
holding HOV Class B Common Stock 25.3K May 14, 2024 Class A Common Stock 25.3K Held as trustee of trusts for Esther K. Barry's family F2, F11, F12, F14
holding HOV Class B Common Stock 25.3K May 14, 2024 Class A Common Stock 25.3K Held as trustee of trusts for Lucy K. Kalian's family F2, F4, F11, F12
holding HOV Class B Common Stock 25.3K May 14, 2024 Class A Common Stock 25.3K Held as trustee of trusts for Nadia K. Rodriguez's family F2, F5, F11, F12
holding HOV Class B Common Stock 25.3K May 14, 2024 Class A Common Stock 25.3K Held as trustee of trusts for Sossie K. Najarian's family F2, F11, F12, F15
holding HOV Class B Common Stock 50.5K May 14, 2024 Class A Common Stock 50.5K Held by Ara K. Hovnanian Family 1994 long-term trusts F11, F12, F16
holding HOV Class B Common Stock 5.13K May 14, 2024 Class A Common Stock 5.13K Held by Reporting Person through partnership interests in the Limited Partnership. F11, F12
holding HOV Class B Common Stock 38.7K May 14, 2024 Class A Common Stock 38.7K Held by trusts for Esther K. Barry's family F2, F7, F11, F12
holding HOV Class B Common Stock 42K May 14, 2024 Class A Common Stock 42K Held by trusts for Kevork S. Hovnanian's family F2, F11, F12, F17
holding HOV Class B Common Stock 38.8K May 14, 2024 Class A Common Stock 38.8K Held by trusts for Lucy K. Kalian's family F2, F8, F11, F12
holding HOV Class B Common Stock 22.8K May 14, 2024 Class A Common Stock 22.8K Held by trusts for Nadia K. Rodriguez's family F2, F9, F11, F12
holding HOV Class B Common Stock 33.3K May 14, 2024 Class A Common Stock 33.3K Held by trusts for Sossie K. Najarian's family F2, F10, F11, F12
holding HOV Class B Common Stock 812 May 14, 2024 Class A Common Stock 812 Held by wife F11, F12
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On May 14, 2024, Ara Hovnanian converted 32,749 shares of Class B Common Stock into an equal number of shares of Class A Common Stock.
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 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")
F12 No expiration date
F13 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 Hovnanian Family 2012 LLC (the "2012 LLC")
F14 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 2012 LLC
F15 Held by trust for the benefit of the family of Sossie K. Najarian, of which the reporting person is a trustee and has a potential remainder interest, through a limited liability company interest in the 2012 LLC
F16 Held by The Ara K. Hovnanian Family 1994 Long-Term Trust, of which the reporting person is trustee
F17 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