SEC Form 4 · accession 0001225208-15-000349
HOVNANIAN ENTERPRISES INC · HOV
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
J Larry Sorsby
Officer — Exec. VP and CFO · Director
Period of report
Jan 1, 2015
Accepted (ET)
Jan 5, 2015 · 3:21 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000357294
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Phantom Stock Units Payout 2016F4,F1,F3 | — | Jan 1, 2015 | D | 149,638 | D | — | — | Class A Common Stock | 149,638 | 0 | D |
| Phantom Stock Units Payout 2021F4,F1,F5 | — | Jan 1, 2015 | A | 149,638 | A | — | — | Class A Common Stock | 149,638 | 149,638 | D |
Explanation of responses
- F1Converts to Class A Common Stock on a one-for-one basis
- F2Deemed disposition and acquisition of securities in connection with change to deferral period for Phantom Stock Units
- F3Payout to be made on January 1, 2016, or upon the occurrence of certain other events set forth under the terms of the Deferred Compensation Plan
- F4N/A
- F5Payout to be made on January 1, 2021, or upon the occurrence of certain other events set forth under the terms of the Deferred Compensation Plan