X0202 4 2004-05-28 0000357294 HOVNANIAN ENTERPRISES INC HOV 0000938549 HOVNANIAN ARA K 10 HIGHWAY 35 RED BANK NJ 07701 1 1 1 0 President and CEO Class A Common Stock 2004-05-19 5 G 0 2000000 A 2000000 I Held as trustee of the KSH 2004 GRAT in which Reporting Person has a potential remainder interest. Class A Common Stock 2004-05-28 4 J 0 250000 D 1066766 D Class A Common Stock 33060 I Held by estate of son Alton Class A Common Stock 13974 I Held by son Alexander Class A Common Stock 6700 I Held by daughter Serena Class A Common Stock 16700 I Held by wife Class B Common Stock 2003-12-11 5 G 0 600 D Class A Common Stock 600 1914150 D Class B Common Stock 2004-05-28 4 J 0 250000 D Class A Common Stock 250000 1664150 D Class B Common Stock 2003-12-11 5 G 0 300 A Class A Common Stock 300 53974 I Held by son Alexander Class B Common Stock 2003-12-11 5 G 0 300 A Class A Common Stock 300 39300 I Held by daughter Serena Class B Common Stock Class A Common Stock 20300 20300 I Held by wife Class B Common Stock Class A Common Stock 70960 70960 I Held by estate of son Alton Class B Common Stock Class A Common Stock 150000 150000 I Held by the Family Limited Partnership Class B Common Stock 2004-01-14 5 G 0 2016.96 A Class A Common Stock 2016.96 1074208.58 I Held by the Limited Partnership Class B Common Stock 2004-01-14 5 G 0 2016.96 A Class A Common Stock 2016.96 387643.6 I Held by the Limited Partnership Class B Common Stock 2004-01-14 5 G 0 2521.2 A Class A Common Stock 2521.2 484554 I Held by the Limited Partnership Class B Common Stock 2004-01-14 5 G 0 3025.44 A Class A Common Stock 3025.44 581464.42 I Held by the Limited Partnership Class B Common Stock 2004-01-14 5 G 0 2016.96 A Class A Common Stock 2016.96 265693.8 I Held by the Limited Partnership Class B Common Stock Class A Common Stock 4000 4000 I Held by the Reporting Person as trustee Class B Common Stock Class A Common Stock 4000 4000 I Held by the Reporting Person as trustee N/A On May 28, 2004, the reporting person transferred 250,000 shares of Class A Common Stock to a grantor retained annuity trust of which the reporting person is the principal beneficiary. On March 19, 2004, the common stock of Hovnanian Enterprises, Inc. split 2-for-1, resulting in 658,383 additional shares of Class A Common Stock held directly by the reporting person. On March 19, 2004, the common stock of Hovnanian Enterprises, Inc. split 2-for-1, resulting in 16,530 additional shares of Class A Common Stock deemed indirectly held by the reporting person. On March 19, 2004, the common stock of Hovnanian Enterprises, Inc. split 2-for-1, resulting in 6,987 additional shares of Class A Common Stock deemed indirectly held by the reporting person. On March 19, 2004, the common stock of Hovnanian Enterprises, Inc. split 2-for-1, resulting in 3,350 additional shares of Class A Common Stock deemed indirectly held by the reporting person. On March 19, 2004, the common stock of Hovnanian Enterprises, Inc. split 2-for-1, resulting in 8,350 additional shares of Class A Common Stock deemed indirectly held by the reporting person. The Class B Common Stock, par value $.01 per share, non-cumulative, is immediately convertible into an equal number of shares of Class A Common Stock, par value $.01 per share, non-cumulative. No expiration date. On March 19, 2004, the common stock of Hovnanian Enterprises, Inc. split 2-for-1, resulting in 957,075 additional shares of Class B Common Stock held directly by the reporting person. On May 28, 2004, the Reporting Person transferred 250,000 shares of Class B Common Stock to a grantor retained annuity trust of which the Reporting Person is the principal beneficiary. On March 19, 2004, the common stock of Hovnanian Enterprises, Inc. split 2-for-1, resulting in 26,987 additional shares of Class B Common Stock deemed indirectly held by the reporting person. On March 19, 2004, the common stock of Hovnanian Enterprises, Inc. split 2-for-1, resulting in 19,650 additional shares of Class B Common Stock deemed indirectly held by the reporting person. On March 19, 2004, the common stock of Hovnanian Enterprises, Inc. split 2-for-1, resulting in 10,150 additional shares of Class B Common Stock deemed indirectly held by the reporting person. On March 19, 2004, the common stock of Hovnanian Enterprises, Inc. split 2-for-1, resulting in 35,480 additional shares of Class B Common Stock deemed indirectly held by the reporting person. On March 19, 2004, the common stock of Hovnanian Enterprises, Inc. split 2-for-1, resulting in 75,000 additional shares of Class B Common Stock deemed indirectly held by the reporting person. Held by the Kevork S. Hovnanian Family Limited Partnership (the "Limited Partnership") On March 19, 2004, the common stock of Hovnanian Enterprises, Inc. split 2-for-1, resulting in 537,104.29 additional shares of Class B Common Stock deemed indirectly held by the reporting person. Held by the Limited Partnership through the partnership interest held by the Ara K. Hovnanian Family 1994 Long-Term Trust, of which the reporting person is trustee On March 19, 2004, the common stock of Hovnanian Enterprises, Inc. split 2-for-1, resulting in 193,821.80 additional shares of Class B Common Stock deemed indirectly held by the reporting person. Held by the Limited Partnership through the partnership interest held by the Sossie K. Najarian Family 1994 Long-Term Trust, of which the reporting person is trustee On March 19, 2004, the common stock of Hovnanian Enterprises, Inc. split 2-for-1, resulting in 242,277.00 additional shares of Class B Common Stock deemed indirectly held by the reporting person. Held by the Limited Partnership through the partnership interest held by the Esther K. Barry Family 1994 Long-Term Trust, of which the reporting person is trustee On March 19, 2004, the common stock of Hovnanian Enterprises, Inc. split 2-for-1, resulting in 290,732.21 additional shares of Class B Common Stock deemed indirectly held by the reporting person. Held by the Limited Partnership through the partnership interest held by the Lucy K. Kalian Family 1994 Long-Term Trust, of which the reporting person is trustee On March 19, 2004, the common stock of Hovnanian Enterprises, Inc. split 2-for-1, resulting in 132,846.90 additional shares of Class B Common Stock deemed indirectly held by the reporting person. Held by the Limited Partnership through the partnership interest held by the Nadia K. Rodriquez Family 1994 Long-Term Trust, of which the reporting person is trustee On March 19, 2004, the common stock of Hovnanian Enterprises, Inc. split 2-for-1, resulting in 2,000 additional shares of Class B Common Stock deemed indirectly held by the reporting person. Held by reporting person as trustee of the Alton Hovnanian Trust On March 19, 2004, the common stock of Hovnanian Enterprises, Inc. split 2-for-1, resulting in 2,000 additional shares of Class B Common Stock deemed indirectly held by the reporting person. Held by reporting person as trustee of the Alexander Hovnanian Trust Nancy A. Marrazzo 2004-06-25