CAVCO INDUSTRIES, INC. — Director's Dealing 2018

Aug 27, 2018

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CAVCO INDUSTRIES INC. (CVCO)
CIK: 0000278166
Period of Report: 2018-08-27

Reporting Person: Lott Charles E (President, Fleetwood Homes)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2018-08-27	Common Stock	M	750	$79.26	Acquired	4505	Direct
2018-08-27	Common Stock	F	473	$242.80	Disposed	4032	Direct
2018-08-27	Common Stock	S	2000	$244.60	Disposed	2032	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2018-08-27	Non-Qualified Stock Option (Right to Buy)	$79.26	M	750	Disposed	2021-07-22	Common Stock (750.0)	Direct

Footnotes

F1: Represents a "net exercise" of outstanding stock options. Mr. Lott received 277 shares of common stock on a net exercise of option to purchase 750 shares of common stock. Mr. Lott forfeited 473 shares of common stock underlying the option in payment of the exercise price and required tax withholding, using the closing stock price on August 24, 2018 of $242.80.

F2: This option vested in equal amounts on July 22, 2015, July 22, 2016, July 22, 2017, and July 22, 2018.