SEC Form 4 · accession 0001225208-17-000428
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, 2017
Accepted (ET)
Jan 4, 2017 · 4:45 pm EST
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 | Jan 1, 2017 | M | 42,764 | $0.00 | A | 482,145 | D | |
| Class A Common Stock | Jan 3, 2017 | F | 20,784 | $2.64 | D | 461,361 | D |
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 2017F3,F1,F2 | $0.00 | Jan 1, 2017 | M | 42,764 | D | — | — | Class A Common Stock | 42,764 | 0 | D |
Explanation of responses
- F1Converts to Class A Common Stock on a one-for-one basis
- F2Payout to be made on January 1, 2017, or upon the occurrence of certain other events set forth under the terms of the Deferred Compensation Plan
- F3N/A