0001225208-24-000651.txt : 20240109
0001225208-24-000651.hdr.sgml : 20240109
20240109163319
ACCESSION NUMBER: 0001225208-24-000651
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20240105
FILED AS OF DATE: 20240109
DATE AS OF CHANGE: 20240109
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: HOVNANIAN ARA K
CENTRAL INDEX KEY: 0000938549
ORGANIZATION NAME:
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-08551
FILM NUMBER: 24523664
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]
ORGANIZATION NAME: 05 Real Estate & Construction
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
2024-01-05
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
2024-01-05
4
M
0
34554.0000
0.0000
A
34554.0000
D
Class A Common Stock
2024-01-05
4
D
0
34554.0000
154.3200
D
0.0000
D
Class A Common Stock
60514.8720
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
52474.8720
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
Phantom Shares
2024-01-05
4
M
0
34554.0000
0.0000
D
Class A Common Stock
34554.0000
0.0000
D
Represents the settlement of Phantom Shares in an amount of cash equal to the value of a share of Class A Common Stock, par value $.01 per share, non-cumulative ("Class A Common Stock") at the time of payout, as calculated pursuant to the applicable award agreement.
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 Phantom Shares vested on October 31, 2023 and settled in cash in the January following vesting.
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. 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.
Elizabeth D. Tice Attorney-in-Fact
2024-01-09