-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, Uv+X0a1jg0JABqSXoHmv3z4kQKeFIg6DSOOLASrrbkGZXLBug4RFStAFecK3/C+T mAoBbg00Y7e9Uv5wunLxlA== 0000950123-09-007483.txt : 20090429 0000950123-09-007483.hdr.sgml : 20090429 20090429161717 ACCESSION NUMBER: 0000950123-09-007483 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20090415 ITEM INFORMATION: Other Events FILED AS OF DATE: 20090429 DATE AS OF CHANGE: 20090429 FILER: COMPANY DATA: COMPANY CONFORMED NAME: HOVNANIAN ENTERPRISES INC CENTRAL INDEX KEY: 0000357294 STANDARD INDUSTRIAL CLASSIFICATION: OPERATIVE BUILDERS [1531] IRS NUMBER: 221851059 STATE OF INCORPORATION: DE FISCAL YEAR END: 1031 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-08551 FILM NUMBER: 09779446 BUSINESS ADDRESS: STREET 1: 10 HWY 35 STREET 2: PO BOX 500 CITY: RED BANK STATE: NJ ZIP: 07701 BUSINESS PHONE: 7327477800 MAIL ADDRESS: STREET 1: 10 HWY 35 PO BOX 500 STREET 2: 10 HWY 35 PO BOX 500 CITY: RED BANK STATE: NJ ZIP: 07701 8-K 1 y76838e8vk.htm FORM 8-K 8-K
 
 
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934
Date of Report (Date of earliest event reported): April 15, 2009
HOVNANIAN ENTERPRISES, INC.
(Exact Name of Registrant as Specified in Charter)
         
Delaware   1-8551   22-1851059
(State or Other
Jurisdiction
of Incorporation)
  (Commission File Number)   (I.R.S. Employer
Identification No.)
110 West Front Street
P.O. Box 500
Red Bank, New Jersey 07701

(Address of Principal Executive Offices) (Zip Code)
(732) 747-7800
(Registrant’s telephone number, including area code)
Not Applicable
(Former Name or Former Address, if Changed Since
Last Report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):
o   Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
 
o   Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
 
o   Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
 
o   Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
 
 


 

Item 8.01. Other Events.
     In July 2005, Hovnanian Enterprises, Inc. (the “Company”) offered and sold 5,600,000 Depositary Shares representing interests in the Company’s 7.625% Series A Preferred Stock (the “Preferred Stock”). The Certificate of Designations, Powers, Preferences and Rights of the Preferred Stock requires that, in the event dividends on the Preferred Stock are not paid in an aggregate amount equal to at least six full quarterly dividend payments, the Company call a meeting of the holders of the Preferred Stock (and hence the Depositary Shares) for the purpose of nominating, by majority vote, two persons to serve, without compensation or reimbursement of expenses, as non-voting “Advisory Directors” to attend the portion of meetings of the Board of Directors discussing the agenda item relating to the Preferred Stock until such time as full dividends on the Preferred Stock have been paid for four consecutive quarterly dividend periods. The dividend payment date of April 15, 2009 was the sixth dividend payment date for which dividends have not been paid. Accordingly, the Company will call a meeting of the holders of the Preferred Stock for the purpose of nominating Advisory Directors as soon as practicable following the filing of materials for the meeting with the Securities and Exchange Commission and the completion of any necessary regulatory review.

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SIGNATURES
     Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
         
  HOVNANIAN ENTERPRISES, INC.
(Registrant)
 
 
  By:   /s/ J. Larry Sorsby                               
    Name:   J. Larry Sorsby   
    Title:   Executive Vice President, Chief Financial Officer and Treasurer   
 
Date: April 29, 2009

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