-----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, GxZSfk5DKDlrRqMFccwUndyTXvkdlmYK+IvBjJ3J+m0K0bxslQMK/viQbQ8/yOZT ogrXijthkDjKtbTdKrO8Zw== 0001211541-06-000005.txt : 20060309 0001211541-06-000005.hdr.sgml : 20060309 20060309153258 ACCESSION NUMBER: 0001211541-06-000005 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20060308 FILED AS OF DATE: 20060309 DATE AS OF CHANGE: 20060309 ISSUER: 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 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 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: GREENBAUM AUTHUR MARTIN CENTRAL INDEX KEY: 0001211541 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-08551 FILM NUMBER: 06676085 MAIL ADDRESS: STREET 1: 10 HIGHWAY 35 STREET 2: P O BOX 500 CITY: RED BANK STATE: NJ ZIP: 07701 4 1 edgar.xml PRIMARY DOCUMENT X0202 4 2006-03-08 1 0000357294 HOVNANIAN ENTERPRISES INC HOV 0001211541 GREENBAUM AUTHUR MARTIN 10 HIGHWAY 35 RED BANK NJ 07701 1 0 0 0 Stock Option (right to buy) 5.575 2006-03-08 4 D 0 10000 D 2011-11-05 Class A Common Stock 10000 0 D Stock Option (right to buy) 5.575 2006-03-08 4 A 0 10000 A 2006-12-31 Class A Common Stock 10000 10000 D Stock Opton (right to buy) 36.93 2006-03-08 4 D 0 15000 D 2014-01-12 Class A Common Stock 15000 0 D Stock Option (right to buy) 36.93 2006-03-08 4 A 0 15000 A 2006-12-31 Class A Common Stock 15000 15000 D Stock Option (right to buy) 51.68 2006-03-08 4 D 0 5000 D 2015-01-17 Class A Common Stock 5000 0 D Stock Option (right to buy) 51.68 2006-03-08 4 A 0 5000 A 2006-12-31 Class A Common Stock 5000 5000 D Stock Option (right to buy) 56.82 2006-03-08 4 D 0 2500 D 2015-05-19 Class A Common Stock 2500 0 D Stock Option (right to buy) 56.82 2006-03-08 4 A 0 2500 A 2006-12-31 Class A Common Stock 2500 2500 D In connection with the end of the Reporting Person's term as Director of the Issuer on March 8, 2006 following his decision not to stand for reelection to the Board of Directors, prior to the expiration of his term the Compensation Committee of the Board of Directors (i) accelerated the vesting of the Reporting Person's outstanding stock options so that they became fully vested on March 8, 2006 and (ii) extended the period during which his outstanding stock options may be exercised from a 60-day period following the end of his term to until December 31, 2006. The extension of the exercise period is reflected in this Statement as the deemed cancellation of "old" options and the deemed regrant of "new" options. The option vests in three equal annual installments beginning on November 6, 2002. N/A Immediate The option vests in three equal annual installments beginning on January 13, 2005. The option vests in three equal annual installments beginning on January 18, 2006. The option vests in three equal annual installments beginning on May 20, 2006. Nancy A. Marrazzo Attorney-in-Fact 2006-03-09 -----END PRIVACY-ENHANCED MESSAGE-----