CAVCO INDUSTRIES INC 4
4 · CAVCO INDUSTRIES INC · Filed Aug 30, 2016
Insider Transaction Report
Form 4
HANNA JACK
Director
Transactions
- Sale
Common Stock
2016-03-15$86.54/sh−500$43,271→ 843 total - Exercise/Conversion
Common Stock
2016-08-26$37.08/sh+2,500$92,700→ 3,343 total - Tax Payment
Common Stock
2016-08-26$105.40/sh−879$92,647→ 2,464 total - Exercise/Conversion
Non-Employee Director Stock Option (Right to Buy)
2016-08-26−2,500→ 2,500 totalExercise: $37.08Exp: 2016-09-22→ Common Stock (2,500 underlying)
Footnotes (3)
- [F1]The Price in Column 4 is a weighted average price.
- [F2]Represents a "net exercise" of outstanding stock options. Mr. Hanna received 1,621 shares of common stock on a net exercise of option to purchase 2,500 shares of common stock. Mr. Hanna forfeited 879 shares of common stock underlying the option in payment of the exercise price and tax withholding requirements, using the closing stock price on August 25, 2016 of $105.40.
- [F3]The option vested 25% on each of the following dates: September 22, 2009; September 22, 2010; September 22, 2011; and September 22, 2012.