DECESARIS GEATON A JR 4

4 · HOVNANIAN ENTERPRISES INC · Filed Jan 19, 2006

Form 4

Period: 2006-01-17

Director

Transactions

Exercise/Conversion
Phantom Stock Units
2006-01-17−3,001→ 9,002 total
→ Class A Common Stock (3,001 underlying)
Exercise/Conversion
Class A Common Stock
2006-01-17+3,001→ 347,051 total
Tax Payment
Class A Common Stock
2006-01-17$51.92/sh−1,124$58,358→ 345,927 total

Holdings

Footnotes (7)

[F1]N/A
[F2]The Reporting Person is trustee and beneficiary of the Geaton A. DeCesaris Charitable Remainder Unitrust; the Reporting Person continues to report beneficial ownership of all of the Class A Common Stock held by the unitrust but disclaims beneficial ownership except to the extent of his pecuniary interest therein
[F3]The Reporting Person disclaims beneficial ownership of these shares held by the family LLC except to the extent of his pecuniary interest therein
[F4]The Reporting Person disclaims beneficial ownership of these shares
[F5]Five Queens, Inc. is a subchapter S corporation owned by the Reporting Person's children and of which he is the President
[F6]1-for-1
[F7]Payout to be made as soon as practicable after vesting on January 15, 2006 with respect to 25% of the Deferred Share Award and upon retirement or occurrence of certain other events set forth under the terms of Deferred Compensation Plan with respect to 75% of the Deferred Share Award

Documents

1 file