Ara K. Hovnanian - Jun 12, 2024 Form 4 Insider Report for HOVNANIAN ENTERPRISES INC (HOV)

Signature
Elizabeth D. Tice Attorney-in-Fact
Stock symbol
HOV
Transactions as of
Jun 12, 2024
Transactions value $
-$2,672,103
Form type
4
Date filed
6/14/2024, 05:34 PM
Previous filing
Jun 3, 2024
Next filing
Jun 18, 2024

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 Tax liability -$2.67M -17.6K -6.33% $152.04 260K Jun 12, 2024 Class A Common Stock 17.6K Direct F1, F2
holding HOV Class B Common Stock 5.33K Jun 12, 2024 Class A Common Stock 5.33K Held as trustee for daughter Serena F1, F2
holding HOV Class B Common Stock 5.33K Jun 12, 2024 Class A Common Stock 5.33K Held as trustee for son Alexander F1, F2
holding HOV Class B Common Stock 160 Jun 12, 2024 Class A Common Stock 160 Held as trustee of the Alexander Hovnanian Trust F1, F2
holding HOV Class B Common Stock 160 Jun 12, 2024 Class A Common Stock 160 Held as trustee of the Alton Hovnanian Trust F1, F2
holding HOV Class B Common Stock 157K Jun 12, 2024 Class A Common Stock 157K Held as trustee of trust for Reporting Person's family F1, F2, F3
holding HOV Class B Common Stock 25.3K Jun 12, 2024 Class A Common Stock 25.3K Held as trustee of trusts for Esther K. Barry's family F1, F2, F4, F5
holding HOV Class B Common Stock 25.3K Jun 12, 2024 Class A Common Stock 25.3K Held as trustee of trusts for Lucy K. Kalian's family F1, F2, F4, F6
holding HOV Class B Common Stock 25.3K Jun 12, 2024 Class A Common Stock 25.3K Held as trustee of trusts for Nadia K. Rodriguez's family F1, F2, F4, F7
holding HOV Class B Common Stock 25.3K Jun 12, 2024 Class A Common Stock 25.3K Held as trustee of trusts for Sossie K. Najarian's family F1, F2, F4, F8
holding HOV Class B Common Stock 50.5K Jun 12, 2024 Class A Common Stock 50.5K Held by Ara K. Hovnanian Family 1994 long-term trusts F1, F2, F9
holding HOV Class B Common Stock 5.13K Jun 12, 2024 Class A Common Stock 5.13K Held by Reporting Person through partnership interests in the Limited Partnership. F1, F2
holding HOV Class B Common Stock 38.7K Jun 12, 2024 Class A Common Stock 38.7K Held by trusts for Esther K. Barry's family F1, F2, F4, F10
holding HOV Class B Common Stock 42K Jun 12, 2024 Class A Common Stock 42K Held by trusts for Kevork S. Hovnanian's family F1, F2, F4, F11
holding HOV Class B Common Stock 38.8K Jun 12, 2024 Class A Common Stock 38.8K Held by trusts for Lucy K. Kalian's family F1, F2, F4, F12
holding HOV Class B Common Stock 22.8K Jun 12, 2024 Class A Common Stock 22.8K Held by trusts for Nadia K. Rodriguez's family F1, F2, F4, F13
holding HOV Class B Common Stock 33.3K Jun 12, 2024 Class A Common Stock 33.3K Held by trusts for Sossie K. Najarian's family F1, F2, F4, F14
holding HOV Class B Common Stock 812 Jun 12, 2024 Class A Common Stock 812 Held by wife F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 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")
F2 No expiration date
F3 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")
F4 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
F5 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
F6 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
F7 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
F8 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
F9 Held by The Ara K. Hovnanian Family 1994 Long-Term Trust, of which the reporting person is trustee
F10 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
F11 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
F12 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
F13 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
F14 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