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CAVCO INDUSTRIES, INC. — Director's Dealing 2015
Sep 10, 2015
31080_dirs_2015-09-10_85df8c46-fca1-406f-825b-7dfa771fe00b.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: CAVCO INDUSTRIES INC (CVCO)
CIK: 0000278166
Period of Report: 2015-09-09
Reporting Person: HANNA JACK (Director)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2015-09-09 | Common Stock | M | 2500 | $34 | Acquired | 2500 | Direct |
| 2015-09-09 | Common Stock | F | 1157 | $73.43 | Disposed | 1343 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2015-09-09 | Non-Employee Director Stock Option (Right to Buy) | $34.0 | M | 2500 | Disposed | 2015-09-22 | Common Stock (2500.0) | Direct |
Footnotes
F1: Represents a "net exercise" of an outstanding stock option grant. Mr. Hanna received 1,343 shares of common stock on a net exercise of his option to purchase 2,500 shares of common stock. Mr. Hanna forfeited 1,157 shares of common stock underlying the option in payment of the exercise price, using the closing stock price on September 8, 2015 of $73.43.
F2: The option vested 25% on each of the following dates: September 22, 2008; September 22, 2009; September 22, 2010; and September 22, 2011.
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