0001225208-24-006910.txt : 20240618 0001225208-24-006910.hdr.sgml : 20240618 20240618185713 ACCESSION NUMBER: 0001225208-24-006910 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20240614 FILED AS OF DATE: 20240618 DATE AS OF CHANGE: 20240618 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: 241053533 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 2024-06-14 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 2024-06-14 4 M 0 5100.0000 0.0000 A 135304.0000 D Class A Common Stock 2024-06-14 4 M 0 5100.0000 0.0000 A 130204.0000 D Class A Common Stock 2024-06-14 4 A 0 755.0000 0.0000 A 136059.0000 D Class A Common Stock 2024-06-14 4 F 0 4015.0000 147.7700 D 132044.0000 D Class A Common Stock 15903.0000 I Held by GRAT Class A Common Stock 9540.0000 I Held by Spouse's GRAT Market Share Units 2024-06-14 4 M 0 2550.0000 0.0000 D 2024-06-14 Class A Common Stock 2550.0000 0.0000 D Market Share Units (Performance) 2024-06-14 4 M 0 2550.0000 0.0000 D 2024-06-14 Class A Common Stock 2550.0000 0.0000 D On June 14, 2024, 2,550 Market Share Units vested and converted into 5,100 shares of Class A Common Stock pursuant to the terms of the award granted on June 14, 2019 that was subject to additional performance criteria that was determined to have been satisfied on October 31, 2021. On June 14, 2024, 2,550 Market Share Units vested and converted into 5,100 shares of Class A Common Stock, par value $.01 per share, non-cumulative ("Class A Common Stock"), pursuant to the terms of the award granted on June 14, 2019. Converts to 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. On June 14, 2024, 2,550 Market Share Units vested and converted into 5,100 shares of Class A Common Stock pursuant to the terms of the award granted on June 14, 2019. 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 on the following vesting dates: January 1, 2022, June 14, 2022, June 14, 2023, and June 14, 2024. Elizabeth D. Tice Attorney-in-Fact 2024-06-18