4//SEC Filing
Smith Lucian T. 4
Accession 0001225208-18-010563
CIK 0000357294other
Filed
Jun 11, 8:00 PM ET
Accepted
Jun 12, 5:22 PM ET
Size
11.0 KB
Accession
0001225208-18-010563
Insider Transaction Report
Form 4
Smith Lucian T.
Chief Operating Officer
Transactions
- Award
Market Share Units
2018-06-08+40,000→ 40,000 totalExp: 2023-06-08→ Class A Common Stock (40,000 underlying) - Exercise/Conversion
Class A Common Stock
2018-06-10+17,131→ 177,276 total - Tax Payment
Class A Common Stock
2018-06-11$2.01/sh−7,615$15,306→ 169,661 total - Exercise/Conversion
Market Share Units
2018-06-10−15,000→ 45,000 totalExp: 2021-06-10→ Class A Common Stock (15,000 underlying)
Footnotes (5)
- [F1]On June 10, 2018 15,000 Market Share Units vested and converted into 17,131 shares of Class A Common Stock, par value $.01 per share, non-cumulative ("Class A Common Stock"), pursuant to the terms of the award granted on June 10, 2016
- [F2]Converts to Class A Common Stock on a one-for-one basis
- [F3]The Market Share Units vest, if at all and to the extent of specified market performance of the Class A Common Stock over each relevant vesting period, in four equal installments beginning on June 8, 2020
- [F4]The number of shares of Class A Common Stock that would be received upon vesting of the Market Share Units, if any, may vary from 50% to 200% of the number shown depending on the market performance of the Class A Common Stock over each relevant vesting period
- [F5]The Market Share Units vest, if at all and to the extent of specified market performance of the Class A Common Stock, par value $.01 per share, non-cumulative ("Class A Common Stock"), over each relevant vesting period, in four equal annual installments beginning on June 10, 2018
Documents
Issuer
HOVNANIAN ENTERPRISES INC
CIK 0000357294
Entity typeother
Related Parties
1- filerCIK 0001689250
Filing Metadata
- Form type
- 4
- Filed
- Jun 11, 8:00 PM ET
- Accepted
- Jun 12, 5:22 PM ET
- Size
- 11.0 KB