Hovnanian Alexander A. 4
4 · HOVNANIAN ENTERPRISES INC · Filed Dec 13, 2024
Insider Transaction Report
Form 4
Hovnanian Alexander A.
Executive Vice President
Transactions
- Award
Class B Common Stock
2024-12-11+4,125→ 24,885 total→ Class A Common Stock (4,125 underlying)
Holdings
- 82,404(indirect: By Trust)
Class B Common Stock
→ Class A Common Stock (82,404 underlying)
Footnotes (5)
- [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, par value $.01 per share, non-cumulative ("Class A Common Stock").
- [F2]The date of the transaction represents the date on which the financial performance criteria of a previously granted long-term incentive plan ("LTIP") award were determined to have been satisfied
- [F3]The LTIP award vested on October 31, 2024 and such shares shall be delivered two years after the vesting date.
- [F4]No expiration date.
- [F5]The Reporting Person disclaims beneficial ownership of these securities except to the extent of his potential pecuniary interest therein, and the inclusion of these shares in this report shall not be deemed an admission of the beneficial ownership of all of the reported shares for purposes of Section 16 or for any other purpose.