HAKE KEVIN C 4
4 · HOVNANIAN ENTERPRISES INC · Filed Jul 25, 2008
Insider Transaction Report
Form 4
HAKE KEVIN C
Sr VP Finance & Treasurer
Transactions
- Sale
Class A Common Stock
2008-07-24$7.10/sh−4,100$29,110→ 11,289 total - Exercise/Conversion
Class A Common Stock
2008-07-25$6.29/sh+10,000$62,950→ 12,589 total - Exercise/Conversion
Employee Stock Option (right to buy)
2008-07-23−10,000→ 0 totalExercise: $2.97Exp: 2010-07-09→ Class A Common Stock (10,000 underlying) - Exercise/Conversion
Class A Common Stock
2008-07-23$2.97/sh+10,000$29,688→ 15,389 total - Sale
Class A Common Stock
2008-07-24$7.08/sh−8,700$61,599→ 2,589 total - Exercise/Conversion
Employee Stock Option (right to buy)
2008-07-25−10,000→ 0 totalExercise: $6.29Exp: 2011-11-19→ Class A Common Stock (10,000 underlying)
Footnotes (6)
- [F1]Represents the weighted average sales price for price increments ranging from $7.0925 to $7.11. The Reporting Person undertakes to provide, upon request by the Securities and Exchange Commission staff, the Issuer or a security holder of the Issuer, full information regarding the number of shares sold at each separate price.
- [F2]Represents the weighted average sales price for price increments ranging from $7.0725 to $7.10. The Reporting Person undertakes to provide, upon request by the Securities and Exchange Commission staff, the Issuer or a security holder of the Issuer, full information regarding the number of shares sold at each separate price.
- [F3]The option vests in four equal annual installments beginning on July 10, 2003.
- [F4]N/A
- [F5]The exercise price of, and the number of shares of Class A Common Stock underlying, the option have been adjusted to reflect stock splits
- [F6]The option vests in four equal annual installments beginning on November 20, 2004.