SEC Form 4 · accession 0001225208-16-035035
HOVNANIAN ENTERPRISES INC · HOV
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Brad G O'Connor
Officer — VP & Chief Accounting Officer
Period of report
Jun 10, 2016
Accepted (ET)
Jun 14, 2016 · 4:33 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000357294
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Class A Common Stock | Jun 10, 2016 | F | 37 | $1.70 | D | 86,846 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee Stock Option (right to buy)F2,F1 | $1.70 | Jun 10, 2016 | A | 50,000 | A | — | Jun 9, 2026 | Class A Common Stock | 50,000 | 50,000 | D |
| Employee Stock Option (right to buy)F2,F3 | $1.70 | Jun 10, 2016 | A | 25,000 | A | — | Jun 9, 2026 | Class A Common Stock | 25,000 | 75,000 | D |
Explanation of responses
- F1The option vests in three equal annual installments beginning on June 10, 2019
- F2N/A
- F3The option vests in four equal annual installments beginning on June 10, 2018