0001225208-24-000652.txt : 20240109 0001225208-24-000652.hdr.sgml : 20240109 20240109163423 ACCESSION NUMBER: 0001225208-24-000652 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20240105 FILED AS OF DATE: 20240109 DATE AS OF CHANGE: 20240109 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: SORSBY J LARRY CENTRAL INDEX KEY: 0001211054 ORGANIZATION NAME: FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-08551 FILM NUMBER: 24523678 MAIL ADDRESS: STREET 1: 90 MATAWAN ROAD, FIFTH FLOOR CITY: MATAWAN STATE: NJ ZIP: 07747 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: HOVNANIAN ENTERPRISES INC CENTRAL INDEX KEY: 0000357294 STANDARD INDUSTRIAL CLASSIFICATION: OPERATIVE BUILDERS [1531] ORGANIZATION NAME: 05 Real Estate & Construction IRS NUMBER: 221851059 STATE OF INCORPORATION: DE FISCAL YEAR END: 1031 BUSINESS ADDRESS: STREET 1: 90 MATAWAN ROAD, 5TH FLOOR CITY: MATAWAN STATE: NJ ZIP: 07747 BUSINESS PHONE: 7327477800 MAIL ADDRESS: STREET 1: 90 MATAWAN ROAD, 5TH FLOOR CITY: MATAWAN STATE: NJ ZIP: 07747 4 1 doc4.xml X0508 4 2024-01-05 0000357294 HOVNANIAN ENTERPRISES INC HOV 0001211054 SORSBY J LARRY C/O HOVNANIAN ENTERPRISES, INC. 90 MATAWAN ROAD MATAWAN NJ 07747 1 0 Class A Common Stock 2024-01-05 4 M 0 14569.0000 0.0000 A 148461.0000 D Class A Common Stock 2024-01-05 4 D 0 14569.0000 154.3200 D 133892.0000 D Class A Common Stock 15903.0000 I Held by GRAT Class A Common Stock 9540.0000 I Held by Spouse's GRAT Phantom Shares 2024-01-06 4 M 0 14569.0000 0.0000 D Class A Common Stock 14569.0000 0.0000 D Represents the settlement of Phantom Shares in an amount of cash equal to the value of a share of Class A Common Stock, par value $.01 per share, non-cumulative ("Class A Common Stock") at the time of payout, as calculated pursuant to the applicable award agreement. Phantom Shares represent the right to payment in the future solely of an amount of cash based on the future stock price of the Class A Common Stock. Following vesting, each Phantom Share will be paid in an amount of cash equal to the value of a share of Class A Common Stock at the time of payout, as calculated pursuant to the applicable award agreement. The Phantom Shares vested on October 31, 2023 and settled in cash in the following January. Elizabeth D. Tice Attorney-in-Fact 2024-01-09