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