0001225208-19-009388.txt : 20190618 0001225208-19-009388.hdr.sgml : 20190618 20190618165009 ACCESSION NUMBER: 0001225208-19-009388 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20190614 FILED AS OF DATE: 20190618 DATE AS OF CHANGE: 20190618 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: HOVNANIAN ARA K CENTRAL INDEX KEY: 0000938549 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-08551 FILM NUMBER: 19904106 MAIL ADDRESS: STREET 1: 10 HIGHWAY 35 STREET 2: PO BOX 500 CITY: RED BANK STATE: NJ ZIP: 07701 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: 110 WEST FRONT STREET STREET 2: PO BOX 500 CITY: RED BANK STATE: NJ ZIP: 07701 BUSINESS PHONE: 7327477800 MAIL ADDRESS: STREET 1: 110 WEST FRONT STREET PO BOX 500 STREET 2: 110 WEST FRONT STREET PO BOX 500 CITY: RED BANK STATE: NJ ZIP: 07701 4 1 doc4.xml X0306 4 2019-06-14 0000357294 HOVNANIAN ENTERPRISES INC HOV 0000938549 HOVNANIAN ARA K 90 MATAWAN ROAD, FIFTH FLOOR MATAWAN NJ 07747 1 1 1 Chairman of Bd., Pres. & CEO Market Share Units 2019-06-14 4 A 0 36000.0000 0.0000 A 2024-06-14 Class A Common Stock 36000.0000 36000.0000 D Option to purchase Class B Common Stock 9.8100 2019-06-14 4 A 0 30000.0000 0.0000 A 2029-06-13 Class A Common Stock 30000.0000 30000.0000 D Shares of Class B Common Stock, par value $.01 per share, non-cumulative ("Class B Common Stock"), received upon vesting convert to Class A Common Stock, par value $.01 per share, non-cumulative ("Class A Common Stock") on a one-for-one basis The Market Share Units vest, if at all and to the extent of specified market performance of the Class A Common Stock over each relevant vesting period, in four equal installments beginning on June 14, 2021 Upon, and to the extent of, vesting of the Market Share Units, shares of Class B Common Stock would be received. Shares of Class B Common Stock are immediately convertible into an equal number of shares of Class A Common Stock. The number of shares of Class B Common Stock that would be received upon vesting of the Market Share Units, if any, may vary from 50% to 200% of the number shown depending on the market performance of the Class A Common Stock over each relevant vesting period The option vests in four equal annual installments beginning on June 14, 2021 Upon exercise of the option, shares of Class B Common Stock would be purchased. Shares of Class B Common Stock are immediately convertible into an equal number of shares of Class A Common Stock. N/A Nancy A. Marrazzo Attorney-in-Fact 2019-06-18