BRIAN R. CIRA - 21 May 2024 Form 4 Insider Report for CAVCO INDUSTRIES INC. (CVCO)

Signature
/s/ Seth G. Schuknecht, attorney-in fact
Issuer symbol
CVCO
Transactions as of
21 May 2024
Net transactions value
-$45,295
Form type
4
Filing time
23 May 2024, 18:41:45 UTC
Previous filing
17 May 2024
Next filing
28 May 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CVCO Common Stock Award $0 +421 +28% $0.000000 1,932 21 May 2024 Direct F1
transaction CVCO Common Stock Tax liability $45,295 -125 -6.5% $362.36 1,807 21 May 2024 Direct F2
transaction CVCO Common Stock Award $0 +396 +22% $0.000000 2,203 22 May 2024 Direct F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Release of FY22-24 Performance-based Restricted Stock.
F2 Surrender of shares for payment of tax withholding on release of Performance-based Restricted Stock Units.
F3 This is an award of Restricted Stock Units which will pay out into shares of Common Stock of the Company as follows: 33% on the first anniversary of the grant date, 33% on the second anniversary of the grant date and 34% on the third anniversary of the grant date.
F4 Includes 1,414 shares underlying Restricted Stock Units allocated but not yet vested or delivered.