O'Connor Brad G 4
4 · HOVNANIAN ENTERPRISES INC · Filed Jun 18, 2024
Insider Transaction Report
Form 4
O'Connor Brad G
VP & Chief Accounting Officer
Transactions
- Award
Performance Share Units (2024)
2024-06-14+4,616→ 4,616 total→ Class A Common Stock (4,616 underlying)
Footnotes (3)
- [F1]Vested Performance Share Units convert into Class A Common Stock, par value $.01 per share, non-cumulative ("Class A Common Stock"), on a one-for-one basis.
- [F2]These Performance Share Units vest based on satisfaction of service vesting conditions through June 14, 2027 to the extent of the achievement of specified performance criteria over a performance period ending on April 30, 2025 and, to the extent vested, settle in shares of Class A Common Stock on June 14, 2029.
- [F3]The number of shares of Class A Common Stock that would be received upon vesting of the Performance Share Units will vary from 50% to 200% of the number shown depending on the achievement of certain performance criteria during the relevant performance period.