SEC Form 4 · accession 0000278166-18-000046
CAVCO INDUSTRIES, INC. · CVCO
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
William C Boor
Director
Period of report
Aug 22, 2018
Accepted (ET)
Aug 24, 2018 · 7:21 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000278166
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Aug 22, 2018 | M | 4,000 | $49.41 | A | 7,397 | D | |
| Common Stock | Aug 22, 2018 | M | 4,000 | $51.25 | A | 11,397 | D | |
| Common Stock | Aug 22, 2018 | F | 1,677 | $240.00 | D | 9,720 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Non-Employee Director Stock Option (Right to Buy)F2 | $49.41 | Aug 22, 2018 | M | 4,000 | D | — | Jul 9, 2019 | Common Stock | 4,000 | 0 | D |
| Non-Employee Director Stock Option (Right to Buy)F3 | $51.25 | Aug 22, 2018 | M | 4,000 | D | — | Jul 9, 2020 | Common Stock | 4,000 | 0 | D |
Explanation of responses
- F1Represents a "net exercise" of outstanding stock options. Mr. Boor received 6,323 shares of common stock on net exercise of options to purchase a total of 8,000 shares of common stock. Mr. Boor forfeited 1,677 shares of common stock underlying the option in payment of the exercise price, using the closing stock price on August 21, 2018 of $240.00.
- F2These options vested in equal amounts on July 9, 2012 and July 9, 2013, respectively.
- F3These options vested in equal amounts on July 9, 2013 and July 9, 2014, respectively.