0001225208-23-006805.txt : 20230613 0001225208-23-006805.hdr.sgml : 20230613 20230613180809 ACCESSION NUMBER: 0001225208-23-006805 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20230609 FILED AS OF DATE: 20230613 DATE AS OF CHANGE: 20230613 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: HOVNANIAN ARA K CENTRAL INDEX KEY: 0000938549 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-08551 FILM NUMBER: 231012447 MAIL ADDRESS: STREET 1: 90 MATAWAN ROAD, FIFTH FLOOR CITY: MATAWAN STATE: NJ ZIP: 07747 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: 90 MATAWAN ROAD, 5TH FLOOR CITY: MATAWAN STATE: NJ ZIP: 07747 BUSINESS PHONE: 7327477800 MAIL ADDRESS: STREET 1: 90 MATAWAN ROAD, 5TH FLOOR CITY: MATAWAN STATE: NJ ZIP: 07747 4 1 doc4.xml X0407 4 2023-06-09 0000357294 HOVNANIAN ENTERPRISES INC HOV 0000938549 HOVNANIAN ARA K C/O HOVNANIAN ENTERPRISES, INC. 90 MATAWAN ROAD MATAWAN NJ 07747 1 1 1 Chairman of Bd., Pres. & CEO 0 Performance Share Units (2023) 2023-06-09 4 A 0 31202.0000 0.0000 A Class A Common Stock 31202.0000 31202.0000 D Vested Performance Share Units convert into Class B Common Stock, par value $.01 per share, non-cumulative ("Class B Common Stock") on a one-for-one basis These Performance Share Units vest based on satisfaction of service vesting conditions through June 9, 2026 to the extent of the achievement of specified performance criteria over a performance period ending on April 30, 2024 and, to the extent vested, settle in shares of Class B Common Stock on June 9, 2028. Upon, and to the extent of, vesting of the Performance Share Units, shares of Class B Common Stock would be received. Shares of Class B Common Stock are immediately convertible into an equal number of shares of Class A Common Stock, par value $.01 per share, non-cumulative ("Class A Common Stock") on a one-for-one basis. The number of shares of Class B 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 Elizabeth D. Tice Attorney-in-Fact 2023-06-13