CAVCO INDUSTRIES, INC. — Director's Dealing 2016

Aug 30, 2016

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CAVCO INDUSTRIES INC (CVCO)
CIK: 0000278166
Period of Report: 2016-03-15

Reporting Person: HANNA JACK (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2016-03-15	Common Stock	S	500	$86.542	Disposed	843	Direct
2016-08-26	Common Stock	M	2500	$37.08	Acquired	3343	Direct
2016-08-26	Common Stock	F	879	$105.40	Disposed	2464	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2016-08-26	Non-Employee Director Stock Option (Right to Buy)	$37.08	M	2500	Disposed	2016-09-22	Common Stock (2500.0)	Direct

Footnotes

F1: The Price in Column 4 is a weighted average price.

F2: Represents a "net exercise" of outstanding stock options. Mr. Hanna received 1,621 shares of common stock on a net exercise of option to purchase 2,500 shares of common stock. Mr. Hanna forfeited 879 shares of common stock underlying the option in payment of the exercise price and tax withholding requirements, using the closing stock price on August 25, 2016 of $105.40.

F3: The option vested 25% on each of the following dates: September 22, 2009; September 22, 2010; September 22, 2011; and September 22, 2012.