0001225208-18-010562.txt : 20180612
0001225208-18-010562.hdr.sgml : 20180612
20180612172253
ACCESSION NUMBER: 0001225208-18-010562
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20180608
FILED AS OF DATE: 20180612
DATE AS OF CHANGE: 20180612
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: SORSBY J LARRY
CENTRAL INDEX KEY: 0001211054
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 000-32447
FILM NUMBER: 18895278
MAIL ADDRESS:
STREET 1: 10 HIGHWAY 35
STREET 2: P O BOX 500
CITY: RED BANK
STATE: NJ
ZIP: 07701
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: HOVNANIAN ENTERPRISES INC
CENTRAL INDEX KEY: 0000357294
STANDARD INDUSTRIAL CLASSIFICATION: OPERATIVE BUILDERS [1531]
IRS NUMBER: 221851059
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1031
BUSINESS ADDRESS:
STREET 1: 110 WEST FRONT STREET
STREET 2: PO BOX 500
CITY: RED BANK
STATE: NJ
ZIP: 07701
BUSINESS PHONE: 7327477800
MAIL ADDRESS:
STREET 1: 110 WEST FRONT STREET PO BOX 500
STREET 2: 110 WEST FRONT STREET PO BOX 500
CITY: RED BANK
STATE: NJ
ZIP: 07701
4
1
doc4.xml
X0306
4
2018-06-08
0000357294
HOVNANIAN ENTERPRISES INC
HOV
0001211054
SORSBY J LARRY
90 MATAWAN ROAD, FIFTH FLOOR
MATAWAN
NJ
07747
1
1
Exec. VP and CFO
Class A Common Stock
2018-06-10
4
M
0
17131.0000
0.0000
A
456307.0000
D
Class A Common Stock
2018-06-11
4
F
0
7981.0000
2.0100
D
448326.0000
D
Employee Stock Option (right to buy)
2.4400
2018-06-08
4
A
0
250000.0000
0.0000
A
2022-06-08
2028-06-07
Class A Common Stock
250000.0000
250000.0000
D
Market Share Units
2018-06-08
4
A
0
85000.0000
0.0000
A
2023-06-08
Class A Common Stock
85000.0000
85000.0000
D
Market Share Units
2018-06-10
4
M
0
15000.0000
0.0000
D
2021-06-10
Class A Common Stock
15000.0000
45000.0000
D
On June 10, 2018 15,000 Market Share Units vested and converted into 17,131 shares of Class A Common Stock, par value $.01 per share, non-cumulative ("Class A Common Stock"), pursuant to the terms of the award granted on June 10, 2016
N/A
Converts to Class A Common Stock on a one-for-one basis
The Market Share Units vest, if at all and to the extent of specified market performance of the Class A Common Stock over each relevant vesting period, in four equal installments beginning on June 8, 2020
The number of shares of Class A Common Stock that would be received upon vesting of the Market Share Units, if any, may vary from 50% to 200% of the number shown depending on the market performance of the Class A Common Stock over each relevant vesting period
The Market Share Units vest, if at all and to the extent of specified market performance of the Class A Common Stock over each relevant vesting period, in four equal installments beginning on June 10, 2018
Nancy A. Marrazzo Attorney-in-Fact
2018-06-12