SCHUKNECHT SETH G 4
4 · CAVCO INDUSTRIES INC. · Filed May 23, 2024
Insider Transaction Report
Form 4
SCHUKNECHT SETH G
EVP, General Counsel
Transactions
- Award
Common Stock
2024-05-22+452→ 788 total - Award
Common Stock
2024-05-22+229→ 1,017 total
Footnotes (3)
- [F1]This is an award of Restricted Stock Units ("RSUs") which will pay out into shares of Common Stock of the Company as follows: 33% on the first anniversary of the grant date, 33% on the second anniversary of the grant date and 34% on the third anniversary of the grant date.
- [F2]This is an award of RSUs to true-up the pro-rated long-term incentive compensation granted to the reporting person in his initial year of employment with the Company consistent with his offer letter, to align with his 3-year vesting period of the award disclosed in the Form 4 filed by the reporting person on April 19, 2024, with a grant date of April 18, 2024. This award of RSUs will vest 33% on April 18, 2025; 33% on April 18, 2026; and 34% on April 18, 2027.
- [F3]Includes 1,017 shares underlying Restricted Stock Units allocated but not yet vested or delivered.