Key facts
- This page summarizes Michael P. Wyatt's Form 4 filing for HOVNANIAN ENTERPRISES INC (HOV).
- 2 reported transactions and 2 derivative rows are listed below.
- Accepted by SEC: 17 Jun 2025, 17:17.
Key filing fact
Ownership activity is grounded in SEC Form 4 disclosures.
Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.
Award
Award
Additional SEC filing notes
Footnote F1
Vested Performance Share Units convert into Class A Common Stock, par value $.01 per share, non-cumulative ("Class A Common Stock"), on a one-for-one basis
Footnote F2
These Performance Share Units vest based on satisfaction of service vesting conditions through June 13, 2028 to the extent of the achievement of specified performance criteria over a performance period ending on April 30, 2026 and, to the extent vested, settle in shares of Class A Common Stock on June 13, 2030.
Footnote F3
The number of shares of Class A Common Stock that would be received upon vesting of the Performance Share Units will vary from 50% to 200% of the number shown depending on the achievement of certain performance criteria during the relevant performance period
Footnote F4
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, par value $.01 per share, non-cumulative ("Class A Common Stock").
Footnote F5
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.
Footnote F6
These Phantom Shares vest based on satisfaction of service vesting conditions through June 13, 2028 to the extent of the achievement of specified performance criteria over a performance period ending on April 30, 2026.
Footnote F7
The number of Phantom Shares that may be earned will vary from 50% to 200% of the number shown depending on the achievement of certain performance criteria during the relevant performance period.