HOVNANIAN ENTERPRISES INC 4
4 · HOVNANIAN ENTERPRISES INC · Filed Jun 14, 2016
Insider Transaction Report
Form 4
HOVNANIAN SIRWART
10% Owner
Transactions
- Gift
Class B Common Stock
2016-01-29+422,938.37→ 440,780.6 total(indirect: By Partnership)→ Class A Common Stock (422,938.37 underlying) - Gift
Class B Common Stock
2016-01-29−422,938.37→ 17,842.23 total(indirect: By Partnership)→ Class A Common Stock (422,938.37 underlying)
Footnotes (3)
- [F1]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.
- [F2]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.
- [F3]No expiration date