HOVNANIAN SIRWART 4
4 · HOVNANIAN ENTERPRISES INC · Filed Jun 16, 2006
Insider Transaction Report
Form 4
HOVNANIAN KEVORK S
DirectorChairman of the Board10% Owner
Transactions
- Other
Class B Common Stock
2006-06-14+70,631→ 5,570,355 total→ Class A Common Stock (70,631 underlying)
Holdings
- 2,544,521.6(indirect: By Trust)
Class B Common Stock
→ Class A Common Stock (2,544,521.6 underlying) - 36,352.74(indirect: By Partnership)
Class B Common Stock
→ Class A Common Stock (36,352.74 underlying) - 529,124(indirect: By Trust)
Class B Common Stock
→ Class A Common Stock (529,124 underlying)
Footnotes (7)
- [F1]The Class B Common Stock, par value $.01 per share, non-cumulative, is immediately converted into an equal number of shares of Class A Common Stock, per value $.01 per share, non-cumulative
- [F2]The Reporting Person received a distribution of 70,631shares of Class B Common Stock from the KSH 2004 GRAT in which the reporting person is the principal beneficiary
- [F3]No expiration date
- [F4]N/A
- [F5]These shares are held by Kevork S. Hovnanian
- [F6]On April 11, 2006, partnership interests in the Kevork S. Hovnanian Family Limited Partnership (the "Limited Partnership") representing 35,000 shares of Class B Common Stock were distributed to Sirwart Hovnanian by the Marital Trust. Mrs. Hovnanian's beneficial interest in such shares was not changed by such distribution
- [F7]Held by the Marital Trust, including shares held through partnership interests the Limited Partnership