HOV

SEC source: 0001225208-19-000484 · doc4.xml · derivative · entry 4

HOVNANIAN ARA K · CIK 0000938549 · Director · Chairman of Bd., Pres. & CEO · 10% owner

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 225,000

Underlying: Class A Common Stock · 37,500 shares

Expires 2021-06-10

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F4 · derivative.exercise_price: Shares of Class B Common Stock received upon vesting are immediately convertible into Class A Common Stock on a one-for-one basis

F2 · kind: On January 1, 2019, 37,500 Market Share Units vested and converted into 24,631 shares of Class B Common Stock pursuant to the terms of the award granted on June 10, 2016 that was subject to additional financial performance criteria that was determined to have been satisfied on December 14, 2018

F5 · derivative.exercise_date: 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, 2019, June 10, 2019, June 10, 2020 and June 10, 2021

F6 · derivative.underlying: Upon, and to the extent of, vesting of the Market Share Units, shares of Class B Common Stock would be received. Shares of Class B Common Stock are immediately convertible into an equal number of shares of Class A Common Stock.

F7 · balance_after: The number of shares of Class B Common Stock that would be received upon vesting of the Market Share Units, if any, may vary from 50% to 175% of the number shown depending on the market performance of the Class A Common Stock over each relevant vesting period

SEC source: 0001225208-19-000484 · doc4.xml · derivative · entry 3

HOVNANIAN ARA K · CIK 0000938549 · Director · Chairman of Bd., Pres. & CEO · 10% owner

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 262,500

Underlying: Class A Common Stock · 37,500 shares

Expires 2021-06-10

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F4 · derivative.exercise_price: Shares of Class B Common Stock received upon vesting are immediately convertible into Class A Common Stock on a one-for-one basis

F2 · kind: On January 1, 2019, 37,500 Market Share Units vested and converted into 24,631 shares of Class B Common Stock pursuant to the terms of the award granted on June 10, 2016 that was subject to additional financial performance criteria that was determined to have been satisfied on December 14, 2018

F5 · derivative.exercise_date: 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, 2019, June 10, 2019, June 10, 2020 and June 10, 2021

F6 · derivative.underlying: Upon, and to the extent of, vesting of the Market Share Units, shares of Class B Common Stock would be received. Shares of Class B Common Stock are immediately convertible into an equal number of shares of Class A Common Stock.

F7 · balance_after: The number of shares of Class B Common Stock that would be received upon vesting of the Market Share Units, if any, may vary from 50% to 175% of the number shown depending on the market performance of the Class A Common Stock over each relevant vesting period

SEC source: 0001225208-19-000484 · doc4.xml · derivative · entry 2

HOVNANIAN ARA K · CIK 0000938549 · Director · Chairman of Bd., Pres. & CEO · 10% owner

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 1,421,071

Underlying: Class A Common Stock · 24,631 shares

Expires not disclosed

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · derivative.exercise_price: 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")

F2 · kind: On January 1, 2019, 37,500 Market Share Units vested and converted into 24,631 shares of Class B Common Stock pursuant to the terms of the award granted on June 10, 2016 that was subject to additional financial performance criteria that was determined to have been satisfied on December 14, 2018

F1 · derivative.exercise_date: 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")

F3 · derivative.expiration_date: No expiration date

SEC source: 0001225208-19-000484 · doc4.xml · derivative · entry 1

HOVNANIAN ARA K · CIK 0000938549 · Director · Chairman of Bd., Pres. & CEO · 10% owner

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 1,396,440

Underlying: Class A Common Stock · 24,631 shares

Expires not disclosed

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · derivative.exercise_price: 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")

F2 · kind: On January 1, 2019, 37,500 Market Share Units vested and converted into 24,631 shares of Class B Common Stock pursuant to the terms of the award granted on June 10, 2016 that was subject to additional financial performance criteria that was determined to have been satisfied on December 14, 2018

F1 · derivative.exercise_date: 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")

F3 · derivative.expiration_date: No expiration date

SEC source: 0001225208-19-000477 · doc4.xml · derivative · entry 5

SORSBY J LARRY · CIK 0001211054 · Director · Exec. VP and CFO

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 45,000

Underlying: Class A Common Stock · 7,500 shares

Expires 2021-06-10

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F2 · derivative.exercise_price: Converts to Class A Common Stock on a one-for-one basis

F1 · kind: On January 1, 2019, 7,500 Market Share Units vested and converted into 4,927 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 10, 2016 that was subject to additional financial performance criteria that was determined to have been satisfied on December 14, 2018

F3 · derivative.exercise_date: 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, 2019, June 10, 2019, June 10, 2020 and June 10, 2021

F4 · balance_after: 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 175% of the number shown depending on the market performance of the Class A Common Stock over each relevant vesting period

SEC source: 0001225208-19-000477 · doc4.xml · derivative · entry 4

SORSBY J LARRY · CIK 0001211054 · Director · Exec. VP and CFO

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 52,500

Underlying: Class A Common Stock · 7,500 shares

Expires 2021-06-10

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F2 · derivative.exercise_price: Converts to Class A Common Stock on a one-for-one basis

F1 · kind: On January 1, 2019, 7,500 Market Share Units vested and converted into 4,927 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 10, 2016 that was subject to additional financial performance criteria that was determined to have been satisfied on December 14, 2018

F3 · derivative.exercise_date: 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, 2019, June 10, 2019, June 10, 2020 and June 10, 2021

F4 · balance_after: 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 175% of the number shown depending on the market performance of the Class A Common Stock over each relevant vesting period

SEC source: 0001225208-19-000477 · doc4.xml · nonDerivative · entry 2

SORSBY J LARRY · CIK 0001211054 · Director · Exec. VP and CFO

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 513,845

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · kind: On January 1, 2019, 7,500 Market Share Units vested and converted into 4,927 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 10, 2016 that was subject to additional financial performance criteria that was determined to have been satisfied on December 14, 2018

SEC source: 0001225208-19-000477 · doc4.xml · nonDerivative · entry 1

SORSBY J LARRY · CIK 0001211054 · Director · Exec. VP and CFO

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 508,918

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · kind: On January 1, 2019, 7,500 Market Share Units vested and converted into 4,927 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 10, 2016 that was subject to additional financial performance criteria that was determined to have been satisfied on December 14, 2018

SEC source: 0001225208-19-000485 · doc4.xml · derivative · entry 2

HOVNANIAN SIRWART · CIK 0001219411 · Member of a 10% Owner Group

10b5-1 filing: Not disclosed

Ownership: Indirect · Held by Reporting Person through partnership interests in the Limited Partnership

Disclosed balance after: 0

Underlying: Class A Common Stock · 455,756.9 shares

Expires not disclosed

F1 · derivative.exercise_price: 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")

F4 · kind: The Reporting Person transferred all of her general partnership and limited partnership units of the Limited Partnership to trusts for the benefit of children of Kevork S. Hovnanian. These units relate to shares of Class B Common Stock.

F1 · derivative.exercise_date: 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")

F3 · derivative.expiration_date: No expiration date

SEC source: 0001225208-19-000484 · doc4.xml · derivative · entry 10

HOVNANIAN ARA K · CIK 0000938549 · Director · Chairman of Bd., Pres. & CEO · 10% owner

10b5-1 filing: Not disclosed

Ownership: Indirect · Held by trusts for Sossie K. Najarian's family

Disclosed balance after: 831,408.41

Underlying: Class A Common Stock · 91,151.34 shares

Expires not disclosed

F1 · derivative.exercise_price: 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")

F8 · kind: On December 27, 2018, Sirwart Hovnanian transferred general partnership and limited partnership units of the Kevork S. Hovnanian Family Limited Partnership (the "Limited Partnership") to trusts for the benefit of family members of children of Kevork S. Hovnanian. These units relate to shares of Class B Common Stock.

F1 · derivative.exercise_date: 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")

F3 · derivative.expiration_date: No expiration date

F10 · balance_after: 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

F14 · ownership.nature: 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

SEC source: 0001225208-19-000484 · doc4.xml · derivative · entry 9

HOVNANIAN ARA K · CIK 0000938549 · Director · Chairman of Bd., Pres. & CEO · 10% owner

10b5-1 filing: Not disclosed

Ownership: Indirect · Held by trusts for Nadia K. Rodriguez's family

Disclosed balance after: 571,229.93

Underlying: Class A Common Stock · 91,151.34 shares

Expires not disclosed

F1 · derivative.exercise_price: 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")

F8 · kind: On December 27, 2018, Sirwart Hovnanian transferred general partnership and limited partnership units of the Kevork S. Hovnanian Family Limited Partnership (the "Limited Partnership") to trusts for the benefit of family members of children of Kevork S. Hovnanian. These units relate to shares of Class B Common Stock.

F1 · derivative.exercise_date: 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")

F3 · derivative.expiration_date: No expiration date

F10 · balance_after: 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

F13 · ownership.nature: 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

SEC source: 0001225208-19-000484 · doc4.xml · derivative · entry 8

HOVNANIAN ARA K · CIK 0000938549 · Director · Chairman of Bd., Pres. & CEO · 10% owner

10b5-1 filing: Not disclosed

Ownership: Indirect · Held by trusts for Lucy K. Kalian's family

Disclosed balance after: 969,446.41

Underlying: Class A Common Stock · 91,151.34 shares

Expires not disclosed

F1 · derivative.exercise_price: 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")

F8 · kind: On December 27, 2018, Sirwart Hovnanian transferred general partnership and limited partnership units of the Kevork S. Hovnanian Family Limited Partnership (the "Limited Partnership") to trusts for the benefit of family members of children of Kevork S. Hovnanian. These units relate to shares of Class B Common Stock.

F1 · derivative.exercise_date: 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")

F3 · derivative.expiration_date: No expiration date

F10 · balance_after: 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

F12 · ownership.nature: 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

SEC source: 0001225208-19-000484 · doc4.xml · derivative · entry 7

HOVNANIAN ARA K · CIK 0000938549 · Director · Chairman of Bd., Pres. & CEO · 10% owner

10b5-1 filing: Not disclosed

Ownership: Indirect · Held by trusts for Esther K. Barry's family

Disclosed balance after: 968,417.35

Underlying: Class A Common Stock · 91,151.34 shares

Expires not disclosed

F1 · derivative.exercise_price: 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")

F8 · kind: On December 27, 2018, Sirwart Hovnanian transferred general partnership and limited partnership units of the Kevork S. Hovnanian Family Limited Partnership (the "Limited Partnership") to trusts for the benefit of family members of children of Kevork S. Hovnanian. These units relate to shares of Class B Common Stock.

F1 · derivative.exercise_date: 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")

F3 · derivative.expiration_date: No expiration date

F10 · balance_after: 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

F11 · ownership.nature: 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

SEC source: 0001225208-19-000484 · doc4.xml · derivative · entry 6

HOVNANIAN ARA K · CIK 0000938549 · Director · Chairman of Bd., Pres. & CEO · 10% owner

10b5-1 filing: Not disclosed

Ownership: Indirect · Held by Ara K. Hovnanian Family 1994 long-term trusts

Disclosed balance after: 1,419,661.34

Underlying: Class A Common Stock · 91,151.35 shares

Expires not disclosed

F1 · derivative.exercise_price: 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")

F8 · kind: On December 27, 2018, Sirwart Hovnanian transferred general partnership and limited partnership units of the Kevork S. Hovnanian Family Limited Partnership (the "Limited Partnership") to trusts for the benefit of family members of children of Kevork S. Hovnanian. These units relate to shares of Class B Common Stock.

F1 · derivative.exercise_date: 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")

F3 · derivative.expiration_date: No expiration date

F9 · ownership.nature: 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 Limited Partnership

SEC source: 0001225208-19-000485 · doc4.xml · derivative · entry 1

HOVNANIAN SIRWART · CIK 0001219411 · Member of a 10% Owner Group

10b5-1 filing: Not disclosed

Ownership: Indirect · Held by Reporting Person through partnership interests in the Limited Partnership

Disclosed balance after: 455,756.9

Underlying: Class A Common Stock · 437,914.67 shares

Expires not disclosed

F1 · derivative.exercise_price: 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")

F2 · kind: The Sirwart Hovnanian 1994 Marital Trust transferred general partnership and limited partnership units of the Kevork S. Hovnanian Family Limited Partnership (the "Limited Partnership") to the Reporting Person. These units relate to shares of Class B Common Stock.

F1 · derivative.exercise_date: 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")

F3 · derivative.expiration_date: No expiration date

SEC source: 0001225208-18-016824 · doc4.xml · derivative · entry 4

HOVNANIAN ARA K · CIK 0000938549 · Director · Chairman of Bd., Pres. & CEO · 10% owner

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 300,000

Underlying: Class A Common Stock · 150,000 shares

Expires 2021-06-10

F7 · derivative.exercise_price: Shares of Class B Common Stock received upon vesting are immediately convertible into Class A Common Stock on a one-for-one basis

F8 · date: The date of the transaction represents the date on which the financial performance criteria of previously granted Market Share Units were determined to have been satisfied

F9 · derivative.exercise_date: 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, 2019, June 10, 2019, June 10, 2020 and June 10, 2021

F10 · derivative.underlying: Upon, and to the extent of, vesting of the Market Share Units, shares of Class B Common Stock would be received. Shares of Class B Common Stock are immediately convertible into an equal number of shares of Class A Common Stock.

F11 · derivative.underlying_shares: The number of shares of Class B Common Stock that would be received upon vesting of the Market Share Units, if any, may vary from 50% to 175% of the number shown depending on the market performance of the Class A Common Stock over each relevant vesting period

SEC source: 0001225208-18-016824 · doc4.xml · derivative · entry 3

HOVNANIAN ARA K · CIK 0000938549 · Director · Chairman of Bd., Pres. & CEO · 10% owner

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 150,000

Underlying: Class A Common Stock · 150,000 shares

Expires 2021-06-10

F7 · derivative.exercise_price: Shares of Class B Common Stock received upon vesting are immediately convertible into Class A Common Stock on a one-for-one basis

F8 · date: The date of the transaction represents the date on which the financial performance criteria of previously granted Market Share Units were determined to have been satisfied

F9 · derivative.exercise_date: 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, 2019, June 10, 2019, June 10, 2020 and June 10, 2021

F10 · derivative.underlying: Upon, and to the extent of, vesting of the Market Share Units, shares of Class B Common Stock would be received. Shares of Class B Common Stock are immediately convertible into an equal number of shares of Class A Common Stock.

F11 · derivative.underlying_shares: The number of shares of Class B Common Stock that would be received upon vesting of the Market Share Units, if any, may vary from 50% to 175% of the number shown depending on the market performance of the Class A Common Stock over each relevant vesting period

SEC source: 0001225208-18-016824 · doc4.xml · derivative · entry 2

HOVNANIAN ARA K · CIK 0000938549 · Director · Chairman of Bd., Pres. & CEO · 10% owner

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 1,371,809

Underlying: Class A Common Stock · 121,603 shares

Expires not disclosed

F1 · derivative.exercise_price: 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")

F3 · date: The date of the transaction represents the date on which the financial performance criteria of a previously granted long-term incentive plan ("LTIP") award were determined to have been satisfied

F4 · shares: Represents the number of shares determined to have been earned for the share portion of the LTIP award

F6 · price: N/A

F5 · derivative.exercise_date: The share portion of the LTIP award vests as follows: (a) 71,297 shares vest on October 31, 2019, and (b) 50,306 shares vest on October 31, 2020.

F2 · derivative.expiration_date: No expiration date

SEC source: 0001225208-18-016823 · doc4.xml · derivative · entry 3

SORSBY J LARRY · CIK 0001211054 · Director · Exec. VP and CFO

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 60,000

Underlying: Class A Common Stock · 30,000 shares

Expires 2021-06-10

F3 · derivative.exercise_price: Converts to Class A Common Stock, par value $.01 per share, non-cumulative ("Class A Common Stock"), on a one-for-one basis

F4 · date: The date of the transaction represents the date on which the financial performance criteria of previously granted Market Share Units were determined to have been satisfied

F5 · derivative.exercise_date: 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, 2019, June 10, 2019, June 10, 2020 and June 10, 2021

F6 · derivative.underlying_shares: 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 175% of the number shown depending on the market performance of the Class A Common Stock over each relevant vesting period

SEC source: 0001225208-18-016823 · doc4.xml · derivative · entry 2

SORSBY J LARRY · CIK 0001211054 · Director · Exec. VP and CFO

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 30,000

Underlying: Class A Common Stock · 30,000 shares

Expires 2021-06-10

F3 · derivative.exercise_price: Converts to Class A Common Stock, par value $.01 per share, non-cumulative ("Class A Common Stock"), on a one-for-one basis

F4 · date: The date of the transaction represents the date on which the financial performance criteria of previously granted Market Share Units were determined to have been satisfied

F5 · derivative.exercise_date: 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, 2019, June 10, 2019, June 10, 2020 and June 10, 2021

F6 · derivative.underlying_shares: 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 175% of the number shown depending on the market performance of the Class A Common Stock over each relevant vesting period

SEC source: 0001225208-18-016823 · doc4.xml · nonDerivative · entry 1

SORSBY J LARRY · CIK 0001211054 · Director · Exec. VP and CFO

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 503,991

F1 · date: The date of the transaction represents the date on which the financial performance criteria of a previously granted long-term incentive plan ("LTIP") award were determined to have been satisfied

F2 · shares: Represents the number of shares determined to have been earned for the share portion of the LTIP. The share portion of the LTIP award vests as follows: (a) 26,885 shares vest on October 31, 2019, and (b) 18,969 shares vest on October 31, 2020.

SEC source: 0001225208-18-016821 · doc4.xml · nonDerivative · entry 1

O'Connor Brad G · CIK 0001520206 · VP & Chief Accounting Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 96,914

F1 · date: The date of the transaction represents the date on which the financial performance criteria of a previously granted long-term incentive plan ("LTIP") award were determined to have been satisfied

F2 · shares: Represents the number of shares determined to have been earned for the share portion of the LTIP. The share portion of the LTIP award vests as follows: (a) 8,942 shares vest on October 31,2019, and (b) 6,309 shares vest on October 31, 2020.

SEC source: 0001225208-18-016820 · doc4.xml · nonDerivative · entry 1

Smith Lucian T. · CIK 0001689250 · Chief Operating Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 196,221

F1 · date: The date of the transaction represents the date on which the financial performance criteria of a previously granted long-term incentive plan ("LTIP") award were determined to have been satisfied

F2 · shares: Represents the number of shares determined to have been earned for the share portion of the LTIP. The share portion of the LTIP award vests as follows: (a) 23,230 shares vest on October 31, 2019, and (b) 16,390 shares vest on October 31, 2020.

SEC source: 0001225208-18-016824 · doc4.xml · derivative · entry 5

HOVNANIAN ARA K · CIK 0000938549 · Director · Chairman of Bd., Pres. & CEO · 10% owner

10b5-1 filing: Not disclosed

Ownership: Indirect · Held by daughter Serena

Disclosed balance after: 200,150

Underlying: Class A Common Stock · 25,000 shares

Expires not disclosed

F1 · derivative.exercise_price: 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")

F1 · derivative.exercise_date: 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")

F2 · derivative.expiration_date: No expiration date

SEC source: 0001225208-18-016824 · doc4.xml · derivative · entry 1

HOVNANIAN ARA K · CIK 0000938549 · Director · Chairman of Bd., Pres. & CEO · 10% owner

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 1,250,206

Underlying: Class A Common Stock · 50,000 shares

Expires not disclosed

F1 · derivative.exercise_price: 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")

F1 · derivative.exercise_date: 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")

F2 · derivative.expiration_date: No expiration date

SEC source: 0001225208-18-012338 · doc4.xml · nonDerivative · entry 1

Smith Lucian T. · CIK 0001689250 · Chief Operating Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 156,601

SEC source: 0001225208-18-010867 · doc4.xml · nonDerivative · entry 1

Sellers Robin Stone · CIK 0001744557 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 63,253

SEC source: 0001225208-18-010703 · doc4.xml · nonDerivative · entry 1

Smith Lucian T. · CIK 0001689250 · Chief Operating Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 165,491

SEC source: 0001225208-18-010691 · doc4.xml · nonDerivative · entry 2

Smith Lucian T. · CIK 0001689250 · Chief Operating Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 166,881

SEC source: 0001225208-18-010691 · doc4.xml · nonDerivative · entry 1

Smith Lucian T. · CIK 0001689250 · Chief Operating Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 168,271

SEC source: 0001225208-18-010690 · doc4.xml · derivative · entry 6

SORSBY J LARRY · CIK 0001211054 · Director · Exec. VP and CFO

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 28,222

Underlying: Class A Common Stock · 14,112 shares

Expires 2020-06-12

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F3 · derivative.exercise_price: Converts to Class A Common Stock on a one-for-one basis

F6 · kind: On June 12, 2018, 14,112 Market Share Units vested and converted into 8,592 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 12, 2015 that was subject to additional financial performance criteria that was determined to have been satisfied on December 15, 2017

F7 · derivative.exercise_date: 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, 2018, June 12, 2018, June 12, 2019 and June 12, 2020

F5 · balance_after: 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 175% of the number shown depending on the market performance of the Class A Common Stock over each relevant vesting period

SEC source: 0001225208-18-010690 · doc4.xml · derivative · entry 5

SORSBY J LARRY · CIK 0001211054 · Director · Exec. VP and CFO

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 30,000

Underlying: Class A Common Stock · 15,000 shares

Expires 2020-06-12

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F3 · derivative.exercise_price: Converts to Class A Common Stock on a one-for-one basis

F1 · kind: On June 12, 2018, 15,000 Market Share Units vested and converted into 9,133 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 12, 2015

F4 · derivative.exercise_date: 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 12, 2017

F5 · balance_after: 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 175% of the number shown depending on the market performance of the Class A Common Stock over each relevant vesting period

SEC source: 0001225208-18-010690 · doc4.xml · nonDerivative · entry 4

SORSBY J LARRY · CIK 0001211054 · Director · Exec. VP and CFO

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 458,137

SEC source: 0001225208-18-010690 · doc4.xml · nonDerivative · entry 3

SORSBY J LARRY · CIK 0001211054 · Director · Exec. VP and CFO

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 462,219

SEC source: 0001225208-18-010690 · doc4.xml · nonDerivative · entry 2

SORSBY J LARRY · CIK 0001211054 · Director · Exec. VP and CFO

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 466,051

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F2 · kind: On June 12, 2018, 14,112 Market Share Units vested and converted into 8,592 shares of Class A Common Stock, pursuant to the terms of the award granted on June 12, 2015 that was subject to additional financial performance criteria that was determined to have been satisfied on December 15, 2017

SEC source: 0001225208-18-010690 · doc4.xml · nonDerivative · entry 1

SORSBY J LARRY · CIK 0001211054 · Director · Exec. VP and CFO

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 457,459

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · kind: On June 12, 2018, 15,000 Market Share Units vested and converted into 9,133 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 12, 2015

SEC source: 0001225208-18-010689 · doc4.xml · derivative · entry 6

HOVNANIAN ARA K · CIK 0000938549 · Director · Chairman of Bd., Pres. & CEO · 10% owner

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 141,116

Underlying: Class A Common Stock · 70,558 shares

Expires 2020-06-12

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F5 · derivative.exercise_price: Shares of Class B Common Stock received upon vesting are immediately convertible into Class A Common Stock on a one-for-one basis

F4 · kind: On June 12, 2018, 70,558 Market Share Units vested and converted into 42,959 shares of Class B Common Stock pursuant to the terms of the award granted on June 12, 2015 that was subject to additional financial performance criteria that was determined to have been satisfied on December 15, 2017

F9 · derivative.exercise_date: 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, 2018, June 12, 2018, June 12, 2019 and June 12, 2020

F7 · derivative.underlying: Upon, and to the extent of, vesting of the Market Share Units, shares of Class B Common Stock would be received. Shares of Class B Common Stock are immediately convertible into an equal number of shares of Class A Common Stock.

F8 · balance_after: The number of shares of Class B Common Stock that would be received upon vesting of the Market Share Units, if any, may vary from 50% to 175% of the number shown depending on the market performance of the Class A Common Stock over each relevant vesting period

SEC source: 0001225208-18-010689 · doc4.xml · derivative · entry 5

HOVNANIAN ARA K · CIK 0000938549 · Director · Chairman of Bd., Pres. & CEO · 10% owner

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 150,000

Underlying: Class A Common Stock · 75,000 shares

Expires 2020-06-12

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F5 · derivative.exercise_price: Shares of Class B Common Stock received upon vesting are immediately convertible into Class A Common Stock on a one-for-one basis

F2 · kind: On June 12, 2018, 75,000 Market Share Units vested and converted into 45,663 shares of Class B Common Stock pursuant to the terms of the award granted on June 12, 2015

F6 · derivative.exercise_date: 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 12, 2017

F7 · derivative.underlying: Upon, and to the extent of, vesting of the Market Share Units, shares of Class B Common Stock would be received. Shares of Class B Common Stock are immediately convertible into an equal number of shares of Class A Common Stock.

F8 · balance_after: The number of shares of Class B Common Stock that would be received upon vesting of the Market Share Units, if any, may vary from 50% to 175% of the number shown depending on the market performance of the Class A Common Stock over each relevant vesting period

SEC source: 0001225208-18-010689 · doc4.xml · derivative · entry 4

HOVNANIAN ARA K · CIK 0000938549 · Director · Chairman of Bd., Pres. & CEO · 10% owner

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 1,300,206

Underlying: Class A Common Stock · 24,302 shares

Expires not disclosed

F1 · derivative.exercise_price: 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")

F1 · derivative.exercise_date: 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")

F3 · derivative.expiration_date: No expiration date

SEC source: 0001225208-18-010689 · doc4.xml · derivative · entry 3

HOVNANIAN ARA K · CIK 0000938549 · Director · Chairman of Bd., Pres. & CEO · 10% owner

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 1,324,508

Underlying: Class A Common Stock · 22,863 shares

Expires not disclosed

F1 · derivative.exercise_price: 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")

F1 · derivative.exercise_date: 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")

F3 · derivative.expiration_date: No expiration date

SEC source: 0001225208-18-010689 · doc4.xml · derivative · entry 2

HOVNANIAN ARA K · CIK 0000938549 · Director · Chairman of Bd., Pres. & CEO · 10% owner

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 1,347,371

Underlying: Class A Common Stock · 42,959 shares

Expires not disclosed

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · derivative.exercise_price: 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")

F4 · kind: On June 12, 2018, 70,558 Market Share Units vested and converted into 42,959 shares of Class B Common Stock pursuant to the terms of the award granted on June 12, 2015 that was subject to additional financial performance criteria that was determined to have been satisfied on December 15, 2017

F1 · derivative.exercise_date: 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")

F3 · derivative.expiration_date: No expiration date

SEC source: 0001225208-18-010689 · doc4.xml · derivative · entry 1

HOVNANIAN ARA K · CIK 0000938549 · Director · Chairman of Bd., Pres. & CEO · 10% owner

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 1,304,412

Underlying: Class A Common Stock · 45,663 shares

Expires not disclosed

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · derivative.exercise_price: 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")

F2 · kind: On June 12, 2018, 75,000 Market Share Units vested and converted into 45,663 shares of Class B Common Stock pursuant to the terms of the award granted on June 12, 2015

F1 · derivative.exercise_date: 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")

F3 · derivative.expiration_date: No expiration date

SEC source: 0001225208-18-010563 · doc4.xml · nonDerivative · entry 2

Smith Lucian T. · CIK 0001689250 · Chief Operating Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 169,661

SEC source: 0001225208-18-010562 · doc4.xml · nonDerivative · entry 2

SORSBY J LARRY · CIK 0001211054 · Director · Exec. VP and CFO

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 448,326

SEC source: 0001225208-18-010561 · doc4.xml · derivative · entry 5

HOVNANIAN ARA K · CIK 0000938549 · Director · Chairman of Bd., Pres. & CEO · 10% owner

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 1,258,749

Underlying: Class A Common Stock · 45,584 shares

Expires not disclosed

F7 · derivative.exercise_price: The Class B Common Stock is immediately convertible into an equal number of shares of Class A Common Stock.

F7 · derivative.exercise_date: The Class B Common Stock is immediately convertible into an equal number of shares of Class A Common Stock.

F9 · derivative.expiration_date: No expiration date

SEC source: 0001225208-18-010563 · doc4.xml · derivative · entry 4

Smith Lucian T. · CIK 0001689250 · Chief Operating Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 45,000

Underlying: Class A Common Stock · 15,000 shares

Expires 2021-06-10

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F2 · derivative.exercise_price: Converts to Class A Common Stock on a one-for-one basis

F1 · kind: On June 10, 2018 15,000 Market Share Units vested and converted into 17,131 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 10, 2016

F5 · derivative.exercise_date: The Market Share Units vest, if at all and to the extent of specified market performance of the Class A Common Stock, par value $.01 per share, non-cumulative ("Class A Common Stock"), over each relevant vesting period, in four equal annual installments beginning on June 10, 2018

SEC source: 0001225208-18-010563 · doc4.xml · nonDerivative · entry 1

Smith Lucian T. · CIK 0001689250 · Chief Operating Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 177,276

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · kind: On June 10, 2018 15,000 Market Share Units vested and converted into 17,131 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 10, 2016

SEC source: 0001225208-18-010562 · doc4.xml · derivative · entry 5

SORSBY J LARRY · CIK 0001211054 · Director · Exec. VP and CFO

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 45,000

Underlying: Class A Common Stock · 15,000 shares

Expires 2021-06-10

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F3 · derivative.exercise_price: Converts to Class A Common Stock on a one-for-one basis

F1 · kind: On June 10, 2018 15,000 Market Share Units vested and converted into 17,131 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 10, 2016

F6 · derivative.exercise_date: 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 10, 2018

SEC source: 0001225208-18-010562 · doc4.xml · nonDerivative · entry 1

SORSBY J LARRY · CIK 0001211054 · Director · Exec. VP and CFO

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 456,307

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · kind: On June 10, 2018 15,000 Market Share Units vested and converted into 17,131 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 10, 2016

SEC source: 0001225208-18-010561 · doc4.xml · derivative · entry 4

HOVNANIAN ARA K · CIK 0000938549 · Director · Chairman of Bd., Pres. & CEO · 10% owner

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 225,000

Underlying: Class A Common Stock · 75,000 shares

Expires 2021-06-10

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · derivative.exercise_price: Shares of Class B Common Stock, par value $.01 per share, non-cumulative ("Class B Common Stock"), received upon vesting convert to Class A Common Stock, par value $.01 per share, non-cumulative ("Class A Common Stock") on a one-for-one basis

F8 · kind: On June 10, 2018 75,000 Market Share Units vested and converted into 85,651 shares of Class B Common Stock pursuant to the terms of the award granted on June 10, 2016

F10 · derivative.exercise_date: 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 10, 2018

F3 · derivative.underlying: Upon, and to the extent of, vesting of the Market Share Units, shares of Class B Common Stock would be received. Shares of Class B Common Stock are immediately convertible into an equal number of shares of Class A Common Stock.