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