Home/Filings/4/0001225208-25-006035
4//SEC Filing

O'Connor Brad G 4

Accession 0001225208-25-006035

CIK 0000357294other

Filed

Jun 16, 8:00 PM ET

Accepted

Jun 17, 5:17 PM ET

Size

8.9 KB

Accession

0001225208-25-006035

Insider Transaction Report

Form 4
Period: 2025-06-13
O'Connor Brad G
VP & Chief Accounting Officer
Transactions
  • Award

    Phantom Shares

    2025-06-13+3,7583,758 total
    Class A Common Stock (3,758 underlying)
  • Award

    Performance Share Units (2025)

    2025-06-13+4,6444,644 total
    Class A Common Stock (4,644 underlying)
Footnotes (7)
  • [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 13, 2028 to the extent of the achievement of specified performance criteria over a performance period ending on April 30, 2026 and, to the extent vested, settle in shares of Class A Common Stock on June 13, 2030.
  • [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
  • [F4]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, par value $.01 per share, non-cumulative ("Class A Common Stock").
  • [F5]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.
  • [F6]These Phantom Shares vest based on satisfaction of service vesting conditions through June 13, 2028 to the extent of the achievement of specified performance criteria over a performance period ending on April 30, 2026.
  • [F7]The number of Phantom Shares that may be earned will vary from 50% to 200% of the number shown depending on the achievement of certain performance criteria during the relevant performance period.

Documents

1 file

Issuer

HOVNANIAN ENTERPRISES INC

CIK 0000357294

Entity typeother

Related Parties

1
  • filerCIK 0001520206

Filing Metadata

Form type
4
Filed
Jun 16, 8:00 PM ET
Accepted
Jun 17, 5:17 PM ET
Size
8.9 KB