RICHARD A. KERLEY - 07 Dec 2023 Form 4 Insider Report for CAVCO INDUSTRIES INC. (CVCO)

Role
Director
Signature
/s/ Mickey R. Dragash, attorney-in-fact
Issuer symbol
CVCO
Transactions as of
07 Dec 2023
Net transactions value
-$149
Form type
4
Filing time
07 Dec 2023, 15:58:46 UTC
Previous filing
18 Aug 2023
Next filing
08 Jan 2024
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 $1,435,000 +10,000 +2500% $143.50 10,400 07 Dec 2023 Direct
transaction CVCO Common Stock Tax liability $1,435,149 -4,667 -45% $307.51 5,733 07 Dec 2023 Direct F1, F2
holding CVCO Common Stock 2,150 07 Dec 2023 By Kerley Family Trust

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-Employee Director Stock Option (Right to Buy) Options Exercise $0 -10,000 -100% $0.000000* 0 07 Dec 2023 Common Stock 10,000 $143.50 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Surrender of shares for payment of option exercise price.
F2 Includes 400 shares of Restricted Stock Units allocated but not yet vested or delivered.
F3 The option was fully exercisable on February 22, 2023.