Gavin Ryan - 07 Mar 2023 Form 4 Insider Report for CAVCO INDUSTRIES INC. (CVCO)

Role: Mr. Ryan is President of Standard Casualty Company, a subsidiary of Cavco Industries, Inc.
Signature: /s/ Mickey R. Dragash, attorney-in-fact
Issuer symbol: CVCO
Transactions as of: 07 Mar 2023
Transactions value $: -$870,090
Form type: 4
Filing time: 07 Mar 2023, 16:57:27 UTC
Previous filing: 04 Aug 2022
Next filing: 17 May 2023
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	CVCO	Common Stock	Options Exercise	$299K	+3K	+567.11%	$99.65	3.53K	07 Mar 2023	Direct
transaction	CVCO	Common Stock	Sale	-$870K	-3K	-85.01%	$290.03	529	07 Mar 2023	Direct	F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	CVCO	Non-Qualified Stock Option (Right to Buy)	Options Exercise	-$299K	-3K	-100%	$99.65	0	07 Mar 2023	Common Stock	3K	$99.65	Direct	F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Includes 452 shares of Restricted Stock Units allocated but not yet vested or delivered.
F2	The Options were fully exercisable on October 10, 2021.

Remarks:

Mr. Ryan is President of Standard Casualty Company, a subsidiary of Cavco Industries, Inc.