HANNA JACK 4
4 · CAVCO INDUSTRIES INC. · Filed Aug 24, 2018
Insider Transaction Report
Form 4
HANNA JACK
Director
Transactions
- Tax Payment
Common Stock
2018-08-23$239.85/sh−430$103,136→ 4,851 total - Exercise/Conversion
Non-Employee Director Stock Option (Right to Buy)
2018-08-23−3,000→ 0 totalExercise: $34.45Exp: 2018-09-22→ Common Stock (3,000 underlying) - Exercise/Conversion
Common Stock
2018-08-23$34.45/sh+3,000$103,350→ 5,281 total
Footnotes (2)
- [F1]Represents a "net exercise" of outstanding stock options. Mr. Hanna received 2,570 shares of common stock on a net exercise of option to purchase 3,000 shares of common stock. Mr. Hanna forfeited 430 shares of common stock underlying the option in payment of the exercise price and tax withholding requirements, using the closing stock price on August 22, 2018 of $239.85.
- [F2]This option vested 50% on each of the following dates: September 22, 2011 and September 22, 2012.