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CAVCO INDUSTRIES, INC. — Director's Dealing 2016
Oct 12, 2016
31080_dirs_2016-10-12_0f3bd959-3942-4510-bbe4-7e10f268b8ed.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: 2016-10-10
Reporting Person: Greenblatt David A. (Director)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2016-10-10 | Common Stock | M | 2500 | $33.25 | Acquired | 8020 | Direct |
| 2016-10-10 | Common Stock | F | 845 | $98.32 | Disposed | 7175 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2016-10-10 | Non-Employee Director Stock Option (Right to Buy) | $33.25 | M | 2500 | Disposed | 2016-10-21 | Common Stock (2500.0) | Direct |
Footnotes
F1: Represents a "net exercise" of outstanding stock options. Mr. Greenblatt received 1,655 shares of common stock on a net exercise of option to purchase 2,500 shares of common stock. Mr. Greenblatt forfeited 845 shares of common stock underlying the option in payment of the exercise price, using the closing stock price on October 7, 2016 of $98.32.
F2: This option vested 25% on each of the following dates: October 21, 2009; October 21, 2010; October 21, 2011; and October 21, 2012
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