CAVCO INDUSTRIES, INC. — Director's Dealing 2016

Jun 24, 2016

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CAVCO INDUSTRIES INC (CVCO)
CIK: 0000278166
Period of Report: 2016-06-24

Reporting Person: STEGMAYER JOSEPH H (Director, Chairman, CEO & President)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2016-06-24	Common Stock	M	80000	$25.33	Acquired	582428	Direct
2016-06-24	Common Stock	F	48739	$92.32	Disposed	533689	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2016-06-24	Non-Qualified Stock Option (Right to Buy)	$25.33	M	80000	Acquired	2016-06-30	Common Stock (80000.0)	Direct

Footnotes

F1: Represents a "net exercise" of outstanding stock options. Mr. Stegmayer received 31,261 shares of common stock on a net exercise of option to purchase 80,000 shares of common stock. Mr. Stegmayer forfeited 48,739 shares of common stock underlying the option in payment of the exercise price and tax withholding requirements, using the closing stock price on June 23, 2016 of $92.32

F2: This option vested 10% on June 30, 2011; 30% on June 30, 2012; 30% on June 30, 2013; and June 30, 2014.