HANNA JACK 4
4 · CAVCO INDUSTRIES INC · Filed Sep 14, 2017
Insider Transaction Report
Form 4
HANNA JACK
Director
Transactions
- Tax Payment
Common Stock
2017-09-14$134.95/sh−719$97,029→ 4,745 total - Exercise/Conversion
Non-Employee Director Stock Option (Right to Buy)
2017-09-14+3,000→ 3,000 totalExercise: $32.35Exp: 2017-09-22→ Common Stock (3,000 underlying) - Exercise/Conversion
Common Stock
2017-09-14$32.35/sh+3,000$97,050→ 5,464 total
Footnotes (2)
- [F1]Represents a "net exercise" of outstanding stock options. Mr. Hanna received 2,281 shares of common stock on a net exercise of option to purchase 3,000 shares of common stock. Mr. Hanna forfeited 719 shares of common stock underlying the option in payment of the exercise price, using the closing stock price on September 13, 2017 of $134.95
- [F2]The option fully vested on September 22, 2011.