4//SEC Filing
HOVNANIAN ENTERPRISES INC 4
Accession 0001225208-15-022185
$HOVCIK 0000357294operating
Filed
Dec 10, 7:00 PM ET
Accepted
Dec 11, 4:46 PM ET
Size
10.1 KB
Accession
0001225208-15-022185
Insider Transaction Report
Form 4
HOVNANIAN SIRWART
10% Owner
Transactions
- Will/Inheritance
Class A Common Stock
2015-10-29+1,376,146→ 1,816,146 total - Gift
Class B Common Stock
2015-10-30−293,906→ 17,842.23 total(indirect: By Partnership)→ Class A Common Stock (293,906 underlying) - Gift
Class B Common Stock
2015-10-30+293,906→ 311,748.23 total(indirect: By Partnership)→ Class A Common Stock (293,906 underlying)
Footnotes (4)
- [F1]On October 29, 2015, the executors of the estate of Kevork S. Hovnanian transferred 1,376,146 shares of Class A Common Stock, par value $.01 per share, non-cumulative ("Class A Common Stock") to the Reporting Person pursuant to the terms of the Will of Kevork S. Hovnanian, deceased. The 1,376,146 shares of Class A Common Stock reported herein were then immediately transferred by the Reporting Person to a grantor retained annuity trust of which the Reporting Person is the sole trustee and annuitant.
- [F2]The Class B Common Stock, par value $.01 per share, non-cumulative ("Class B Common Stock"), is immediately convertible into an equal number of shares of Class A Common Stock.
- [F3]The Sirwart Hovnanian 1994 Marital Trust transferred general partnership and limited partnership units of the Kevork S. Hovnanian Family Limited Partnership (the "Limited Partnership") to the Reporting Person, who immediately transferred such units to trusts for the benefit of family members of children of Kevork S. Hovnanian. These units relate to shares of Class B Common Stock.
- [F4]No expiration date
Documents
Issuer
HOVNANIAN ENTERPRISES INC
CIK 0000357294
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0000357294
Filing Metadata
- Form type
- 4
- Filed
- Dec 10, 7:00 PM ET
- Accepted
- Dec 11, 4:46 PM ET
- Size
- 10.1 KB