Statement of Changes in Beneficial Ownership (4)
January 11 2021 - 04:47PM
Edgar (US Regulatory)
FORM 4
[ ]
Check this box if no longer subject to Section 16. Form 4 or Form 5
obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL
OWNERSHIP OF SECURITIES
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OMB
APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response... 0.5 |
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Filed pursuant to Section 16(a) of the
Securities Exchange Act of 1934 or Section 30(h) of the Investment
Company Act of 1940
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1. Name
and Address of Reporting Person * HOVNANIAN ARA K |
2. Issuer Name and Ticker or Trading
Symbol HOVNANIAN ENTERPRISES INC [ HOV ] |
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)__X__
Director __X__
10% Owner
__X__ Officer (give title
below) _____ Other
(specify below)
Chairman of Bd., Pres. & CEO |
(Last)
(First)
(Middle)
90 MATAWAN ROAD, FIFTH FLOOR |
3. Date of Earliest Transaction (MM/DD/YYYY)
1/8/2021
|
(Street)
MATAWAN, NJ 07747
(City)
(State)
(Zip)
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4. If Amendment, Date Original Filed
(MM/DD/YYYY)
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6. Individual or Joint/Group Filing
(Check Applicable Line) _X _ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person |
Table I - Non-Derivative Securities Acquired, Disposed of, or
Beneficially Owned
|
1.Title of Security
(Instr. 3) |
2. Trans. Date |
2A. Deemed Execution Date, if any |
3. Trans. Code
(Instr. 8) |
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5) |
5. Amount of Securities Beneficially Owned Following
Reported Transaction(s)
(Instr. 3 and 4) |
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4) |
7. Nature of Indirect Beneficial Ownership (Instr.
4) |
Code |
V |
Amount |
(A) or (D) |
Price |
Table II - Derivative Securities Beneficially Owned
(e.g., puts, calls, warrants, options, convertible
securities)
|
1. Title of Derivate Security
(Instr. 3) |
2. Conversion or Exercise Price of Derivative
Security |
3. Trans. Date |
3A. Deemed Execution Date, if any |
4. Trans. Code
(Instr. 8) |
5. Number of Derivative Securities Acquired (A) or
Disposed of (D)
(Instr. 3, 4 and 5) |
6. Date Exercisable and Expiration Date |
7. Title and Amount of Securities Underlying
Derivative Security
(Instr. 3 and 4) |
8. Price of Derivative Security
(Instr. 5) |
9. Number of derivative Securities Beneficially
Owned Following Reported Transaction(s) (Instr. 4) |
10. Ownership Form of Derivative Security: Direct
(D) or Indirect (I) (Instr. 4) |
11. Nature of Indirect Beneficial Ownership (Instr.
4) |
Code |
V |
(A) |
(D) |
Date Exercisable |
Expiration Date |
Title |
Amount or Number of Shares |
Class B Common Stock |
(1) |
1/8/2021 |
|
F |
|
|
745.0000 |
(1) |
(2) |
Class A Common Stock |
745.0000 |
$31.8100 |
84204.0000 |
D |
|
Class B Common Stock |
(1) |
|
|
|
|
|
|
(1) |
(2) |
Class A Common Stock |
5328.4000 |
|
5328.4000 |
I |
Held as trustee for daughter
Serena |
Class B Common Stock |
(1) |
|
|
|
|
|
|
(1) |
(2) |
Class A Common Stock |
5328.4000 |
|
5328.4000 |
I |
Held as trustee for son
Alexander |
Class B Common Stock |
(1) |
|
|
|
|
|
|
(1) |
(2) |
Class A Common Stock |
160.0000 |
|
160.0000 |
I |
Held as trustee of the Alexander Hovnanian
Trust |
Class B Common Stock |
(1) |
|
|
|
|
|
|
(1) |
(2) |
Class A Common Stock |
160.0000 |
|
160.0000 |
I |
Held as trustee of the Alton Hovnanian
Trust |
Class B Common Stock |
(1) |
|
|
|
|
|
|
(1) |
(2) |
Class A Common Stock |
163220.1600 |
|
163220.1600 |
I |
Held as trustee of trust for Reporting Person's
family (3) |
Class B Common Stock |
(1) |
|
|
|
|
|
|
(1) |
(2) |
Class A Common Stock |
31067.1600 |
|
31067.1600 (4) |
I |
Held as trustee of trusts for Esther K. Barry's
family (5) |
Class B Common Stock |
(1) |
|
|
|
|
|
|
(1) |
(2) |
Class A Common Stock |
31067.1600 |
|
31067.1600 (4) |
I |
Held as trustee of trusts for Lucy K. Kalian's
family (6) |
Class B Common Stock |
(1) |
|
|
|
|
|
|
(1) |
(2) |
Class A Common Stock |
31067.1600 |
|
31067.1600 (4) |
I |
Held as trustee of trusts for Nadia K.
Rodriguez's family (7) |
Class B Common Stock |
(1) |
|
|
|
|
|
|
(1) |
(2) |
Class A Common Stock |
31067.1600 |
|
31067.1600 (4) |
I |
Held as trustee of trusts for Sossie K.
Najarian's family (8) |
Class B Common Stock |
(1) |
|
|
|
|
|
|
(1) |
(2) |
Class A Common Stock |
56786.4536 |
|
56786.4536 |
I |
Held by Ara K. Hovnanian Family 1994 long-term
trusts (9) |
Class B Common Stock |
(1) |
|
|
|
|
|
|
(1) |
(2) |
Class A Common Stock |
5125.2800 |
|
5125.2800 |
I |
Held by Reporting Person through partnership
interests in the Limited Partnership. |
Class B Common Stock |
(1) |
|
|
|
|
|
|
(1) |
(2) |
Class A Common Stock |
38736.6940 |
|
38736.6940 (4) |
I |
Held by trusts for Esther K. Barry's
family (10) |
Class B Common Stock |
(1) |
|
|
|
|
|
|
(1) |
(2) |
Class A Common Stock |
42034.9200 |
|
42034.9200 (4) |
I |
Held by trusts for Kevork S. Hovnanian's
family (11) |
Class B Common Stock |
(1) |
|
|
|
|
|
|
(1) |
(2) |
Class A Common Stock |
38777.8564 |
|
38777.8564 (4) |
I |
Held by trusts for Lucy K. Kalian's
family (12) |
Class B Common Stock |
(1) |
|
|
|
|
|
|
(1) |
(2) |
Class A Common Stock |
22849.1972 |
|
22849.1972 (4) |
I |
Held by trusts for Nadia K. Rodriguez's
family (13) |
Class B Common Stock |
(1) |
|
|
|
|
|
|
(1) |
(2) |
Class A Common Stock |
33256.3364 |
|
33256.3364 (4) |
I |
Held by trusts for Sossie K. Najarian's
family (14) |
Class B Common Stock |
(1) |
|
|
|
|
|
|
(1) |
(2) |
Class A Common Stock |
812.0000 |
|
812.0000 |
I |
Held by wife |
Explanation of
Responses: |
(1) |
The Class B Common Stock,
par value $.01 per share, non-cumulative ("Class B Common Stock"),
is immediately convertible into an equal number of shares of Class
A Common Stock, par value $.01 per share, non-cumulative ("Class A
Common Stock") |
(2) |
No expiration
date |
(3) |
Held by Ara K. Hovnanian
2012 Trust, of which the reporting person is trustee, including
shares held through a limited liability company interest in the
Hovnanian Family 2012 LLC (the "2012 LLC") |
(4) |
The Reporting Person
disclaims beneficial ownership of these securities except to the
extent of his potential pecuniary interest therein, and the
inclusion of these shares in this report shall not be deemed an
admission of the beneficial ownership of all of the reported shares
for purposes of Section 16 or for any other purpose |
(5) |
Held by trusts for the
benefit of the family of Esther K. Barry, of which the reporting
person is a trustee and has a potential remainder interest,
including shares held through a limited liability interest in the
2012 LLC |
(6) |
Held by trusts for the
benefit of the family of Lucy K. Kalian, of which the reporting
person is a trustee and has a potential remainder interest,
including shares held through a limited liability interest in the
2012 LLC |
(7) |
Held by trusts for the
benefit of the family of Nadia K. Rodriguez, of which the reporting
person is a trustee and has a potential remainder interest,
including shares held through a limited liability interest in the
2012 LLC |
(8) |
Held by trusts for the
benefit of the family of Sossie K. Najarian, of which the reporting
person is a trustee and has a potential remainder interest,
including shares held through a limited liability interest in the
2012 LLC |
(9) |
Held by Ara K. Hovnanian
Family 1994 long-term trusts, of which the reporting person is
trustee, including shares held through a partnership interest in
the Kevork S. Hovnanian Family Limited Partnership (the "Limited
Partnership") |
(10) |
Held by Esther K. Barry
Family 1994 long-term trusts, of which the reporting person is a
trustee and has a potential remainder interest, through a
partnership interest in the Limited Partnership |
(11) |
Held by trusts for the
benefit of the family of Kevork S. Hovnanian, of which the
reporting person is a trustee and has a potential remainder
interest |
(12) |
Held by Lucy K. Kalian
Family 1994 long-term trusts, of which the reporting person is a
trustee and has a potential remainder interest, through a
partnership interest in the Limited Partnership |
(13) |
Held by Nadia K. Rodriguez
Family 1994 long-term trusts, of which the reporting person is a
trustee and has a potential remainder interest, through a
partnership interest in the Limited Partnership |
(14) |
Held by Sossie K. Najarian
Family 1994 long-term trusts, of which the reporting person is a
trustee and has a potential remainder interest, through a
partnership interest in the Limited Partnership |
Reporting
Owners
|
Reporting Owner Name / Address |
Relationships
|
Director |
10% Owner |
Officer |
Other |
HOVNANIAN ARA K
90 MATAWAN ROAD, FIFTH FLOOR
MATAWAN, NJ 07747 |
X |
X |
Chairman of Bd., Pres. & CEO |
|
Signatures
|
Nancy A. Marrazzo
Attorney-in-Fact |
|
1/11/2021 |
**Signature of Reporting
Person |
Date |