4//SEC Filing
O'Connor Brad G 4
Accession 0001225208-24-000653
CIK 0000357294other
Filed
Jan 8, 7:00 PM ET
Accepted
Jan 9, 4:35 PM ET
Size
8.7 KB
Accession
0001225208-24-000653
Insider Transaction Report
Form 4
O'Connor Brad G
VP & Chief Accounting Officer
Transactions
- Exercise/Conversion
Class A Common Stock
2024-01-05+6,062→ 28,338 total - Exercise/Conversion
Phantom Shares
2024-01-05−6,062→ 0 total→ Class A Common Stock (6,062 underlying) - Disposition to Issuer
Class A Common Stock
2024-01-05$154.32/sh−6,062$935,488→ 22,276 total
Footnotes (3)
- [F1]Represents the settlement of Phantom Shares in an amount of cash equal to the value of a share of Class A Common Stock, par value $.01 per share, non-cumulative ("Class A Common Stock") at the time of payout, as calculated pursuant to the applicable award agreement.
- [F2]Phantom Shares represent the right to payment in the future solely of an amount of cash based on the future stock price of the Class A Common Stock. Following vesting, each Phantom Share will be paid in an amount of cash equal to the value of a share of Class A Common Stock at the time of payout, as calculated pursuant to the applicable award agreement.
- [F3]The Phantom Shares vested on October 31, 2023 and settled in cash in the following January.
Documents
Issuer
HOVNANIAN ENTERPRISES INC
CIK 0000357294
Entity typeother
Related Parties
1- filerCIK 0001520206
Filing Metadata
- Form type
- 4
- Filed
- Jan 8, 7:00 PM ET
- Accepted
- Jan 9, 4:35 PM ET
- Size
- 8.7 KB