SEC Form 5 · accession 0001225208-17-017777
HOVNANIAN ENTERPRISES INC · HOV
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Sirwart Hovnanian
Other
Period of report
Oct 31, 2017
Accepted (ET)
Nov 30, 2017 · 4:07 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 StockF1,F2 | Dec 23, 2016 | W | 1,705,259 | $0.00 | A | 3,521,405 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1On December 23, 2016, the executors of the estate of Kevork S. Hovnanian transferred 1,705,259 shares of Class A Common Stock, par value $.01 per share, non-cumulative ("Class A Common Stock") to the Reporting Person pursuant to the terms of the Will of Kevork S. Hovnanian, deceased.
- F2Reflects annuity payments to the Reporting Person from a grantor retained annuity trust of which the Reporting Person was the sole trustee and annuitant (the "GRAT"). The GRAT terminated on October 28, 2017.