Joseph A. Marengi - Jun 8, 2022 Form 4 Insider Report for HOVNANIAN ENTERPRISES INC (HOV)

Role
Director
Signature
Elizabeth D. Tice Attorney-in-Fact
Stock symbol
HOV
Transactions as of
Jun 8, 2022
Transactions value $
-$39,448
Form type
4
Date filed
6/10/2022, 08:24 PM
Previous filing
Jun 15, 2021
Next filing
Jun 14, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction HOV Class A Common Stock Disposed to Issuer -$20.9K -357 -0.88% $58.52 40.4K Jun 8, 2022 Direct F1
transaction HOV Class A Common Stock Disposed to Issuer -$18.6K -319 -0.79% $58.17 40.1K Jun 9, 2022 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Reflects the withholding of shares of Class A Common Stock, par value $.01 per share, non-cumulative ("Class A Common Stock"), for cash to cover the Reporting Person's estimated tax liability in connection with the distribution of shares of Class A Common Stock related to vested restricted stock units. The withholding of shares was approved by the Issuer's board of directors pursuant to Rule 16b-3 under the Securities Exchange Act of 1934, as amended.