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CAVCO INDUSTRIES, INC. — Director's Dealing 2017
Sep 14, 2017
31080_dirs_2017-09-14_41662d86-117e-49cb-83d3-2c5c4368a74a.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: 2017-09-14
Reporting Person: HANNA JACK (Director)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2017-09-14 | Common Stock | M | 3000 | $32.35 | Acquired | 5464 | Direct |
| 2017-09-14 | Common Stock | F | 719 | $134.95 | Disposed | 4745 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2017-09-14 | Non-Employee Director Stock Option (Right to Buy) | $32.35 | M | 3000 | Acquired | 2017-09-22 | Common Stock (3000.0) | Direct |
Footnotes
F1: Represents a "net exercise" of outstanding stock options. Mr. Hanna received 2,281 shares of common stock on a net exercise of option to purchase 3,000 shares of common stock. Mr. Hanna forfeited 719 shares of common stock underlying the option in payment of the exercise price, using the closing stock price on September 13, 2017 of $134.95
F2: The option fully vested on September 22, 2011.
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