0001225208-19-009389.txt : 20190618 0001225208-19-009389.hdr.sgml : 20190618 20190618165013 ACCESSION NUMBER: 0001225208-19-009389 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: SORSBY J LARRY CENTRAL INDEX KEY: 0001211054 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-08551 FILM NUMBER: 19904109 MAIL ADDRESS: STREET 1: 10 HIGHWAY 35 STREET 2: P O 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 0001211054 SORSBY J LARRY 90 MATAWAN ROAD, FIFTH FLOOR MATAWAN NJ 07747 1 1 Exec. VP and CFO Employee Stock Option (right to buy) 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 Market Share Units 2019-06-14 4 A 0 10200.0000 0.0000 A 2024-06-14 Class A Common Stock 10200.0000 10200.0000 D The option vests in four equal annual installments beginning on June 14, 2021 N/A Converts 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 The number of shares of Class A 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 Nancy A. Marrazzo Attorney-in-Fact 2019-06-18