0001225208-23-011138.txt : 20231214
0001225208-23-011138.hdr.sgml : 20231214
20231214183806
ACCESSION NUMBER: 0001225208-23-011138
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20231212
FILED AS OF DATE: 20231214
DATE AS OF CHANGE: 20231214
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: 231488372
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
X0508
4
2023-12-12
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
Class A Common Stock
2023-12-12
4
S
0
2359.0000
141.8360
D
17842.0000
D
Class A Common Stock
2023-12-12
4
S
0
3462.0000
141.0770
D
14380.0000
D
Class A Common Stock
2023-12-12
4
S
0
14380.0000
139.7100
D
0.0000
D
Class A Common Stock
63514.8720
I
Held as trustee of trusts for Esther K. Barry's family
Class A Common Stock
51074.8720
I
Held as trustee of trusts for Lucy K. Kalian's family
Class A Common Stock
63504.8720
I
Held as trustee of trusts for Nadia K. Rodriguez's family
Class A Common Stock
62474.8720
I
Held as trustee of trusts for Sossie K. Najarian's family
Class A Common Stock
3563.9600
I
Held by trusts for Esther K. Barry's family
Class A Common Stock
4132.7600
I
Held by trusts for Lucy K. Kalian's family
Class A Common Stock
720.0000
I
Held by trusts for Nadia K. Rodriguez's family
Class A Common Stock
720.0000
I
Held by trusts for Sossie K. Najarian's family
Class A Common Stock
668.0000
I
Held by wife
Class B Common Stock
2023-12-13
4
A
0
59005.0000
0.0000
A
Class A Common Stock
59005.0000
350375.0000
D
Class B Common Stock
Class A Common Stock
5328.4000
5328.4000
I
Held as trustee for daughter Serena
Class B Common Stock
Class A Common Stock
5328.4000
5328.4000
I
Held as trustee for son Alexander
Class B Common Stock
Class A Common Stock
160.0000
160.0000
I
Held as trustee of the Alexander Hovnanian Trust
Class B Common Stock
Class A Common Stock
160.0000
160.0000
I
Held as trustee of the Alton Hovnanian Trust
Class B Common Stock
Class A Common Stock
157434.5600
157434.5600
I
Held as trustee of trust for Reporting Person's family
Class B Common Stock
Class A Common Stock
25281.4000
25281.4000
I
Held as trustee of trusts for Esther K. Barry's family
Class B Common Stock
Class A Common Stock
25281.4000
25281.4000
I
Held as trustee of trusts for Lucy K. Kalian's family
Class B Common Stock
Class A Common Stock
25281.4000
25281.4000
I
Held as trustee of trusts for Nadia K. Rodriguez's family
Class B Common Stock
Class A Common Stock
25281.4000
25281.4000
I
Held as trustee of trusts for Sossie K. Najarian's family
Class B Common Stock
Class A Common Stock
50507.5100
50507.5100
I
Held by Ara K. Hovnanian Family 1994 long-term trusts
Class B Common Stock
Class A Common Stock
5125.2800
5125.2800
I
Held by Reporting Person through partnership interests in the Limited Partnership.
Class B Common Stock
Class A Common Stock
38736.6940
38736.6940
I
Held by trusts for Esther K. Barry's family
Class B Common Stock
Class A Common Stock
42034.9200
42034.9200
I
Held by trusts for Kevork S. Hovnanian's family
Class B Common Stock
Class A Common Stock
38777.8564
38777.8564
I
Held by trusts for Lucy K. Kalian's family
Class B Common Stock
Class A Common Stock
22849.1972
22849.1972
I
Held by trusts for Nadia K. Rodriguez's family
Class B Common Stock
Class A Common Stock
33256.3364
33256.3364
I
Held by trusts for Sossie K. Najarian's family
Class B Common Stock
Class A Common Stock
812.0000
812.0000
I
Held by wife
Represents the weighted average sales price for price increments ranging from $141.565 to $142.535. The Reporting Person undertakes to provide, upon request by the Securities and Exchange Commission staff, the Issuer or a security holder of the Issuer, full information regarding the number of shares sold at each separate price for all transactions reported on this Form 4.
Represents the weighted average sales price for price increments ranging from $140.55 to $141.55. The Reporting Person undertakes to provide, upon request by the Securities and Exchange Commission staff, the Issuer or a security holder of the Issuer, full information regarding the number of shares sold at each separate price for all transactions reported on this Form 4.
Represents the weighted average sales price for price increments ranging from $139.50 to $140.48. The Reporting Person undertakes to provide, upon request by the Securities and Exchange Commission staff, the Issuer or a security holder of the Issuer, full information regarding the number of shares sold at each separate price for all transactions reported on this Form 4.
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
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 Hovnanian Family 2012 LLC (the "2012 LLC").
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
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
Held by trusts for the benefit of the family of Sossie K. Najarian, 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
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
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
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
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
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")
The date of the transaction represents the date on which the financial performance criteria of a previously granted long-term incentive plan ("LTIP") award were determined to have been satisfied.
The LTIP award vests as follows: (a) 35,405 shares vest on October 31, 2023, (b) 11,803 shares vest on October 31, 2024, and (c) 11,797 shares vest on October 31, 2025, which shares shall be delivered two years after the respective vesting dates.
No expiration date
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")
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
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
Held by The Ara K. Hovnanian Family 1994 Long-Term Trust, of which the reporting person is trustee
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
Elizabeth D. Tice Attorney-in-Fact
2023-12-14