SEC FORM 4 SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
 
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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
1. Name and Address of Reporting Person*
HOVNANIAN KEVORK S

(Last) (First) (Middle)
110 WEST FRONT STREET

(Street)
RED BANK NJ 07701

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
HOVNANIAN ENTERPRISES INC [ HOV ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director X 10% Owner
X Officer (give title below) Other (specify below)
Chairman of the Board
3. Date of Earliest Transaction (Month/Day/Year)
06/14/2006
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
Form filed by One Reporting Person
X Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Class B Common Stock (1) 06/14/2006 J(2) 70,631 (1) (3) Class A Common Stock 70,631 (4) 5,570,355 D(5)
Class B Common Stock (1) (1) (3) Class A Common Stock 2,544,521.6 2,544,521.6(6) I Held by the Marital Trust(7)
Class B Common Stock (1) (1) (3) Class A Common Stock 36,352.74 36,352.74(6) I Held by the Sirwart Hovnanian through partnership interests in the Limited Partnership
Class B Common Stock (1) (1) (3) Class A Common Stock 529,124 529,124 I Held by Sirwart Hovnanian as trustee for daughter
1. Name and Address of Reporting Person*
HOVNANIAN KEVORK S

(Last) (First) (Middle)
110 WEST FRONT STREET

(Street)
RED BANK NJ 07701

(City) (State) (Zip)
1. Name and Address of Reporting Person*
HOVNANIAN SIRWART

(Last) (First) (Middle)
110 WEST FRONT STREET

(Street)
RED BANK NJ 07701

(City) (State) (Zip)
Explanation of Responses:
1. The Class B Common Stock, par value $.01 per share, non-cumulative, is immediately converted into an equal number of shares of Class A Common Stock, per value $.01 per share, non-cumulative
2. The Reporting Person received a distribution of 70,631shares of Class B Common Stock from the KSH 2004 GRAT in which the reporting person is the principal beneficiary
3. No expiration date
4. N/A
5. These shares are held by Kevork S. Hovnanian
6. On April 11, 2006, partnership interests in the Kevork S. Hovnanian Family Limited Partnership (the "Limited Partnership") representing 35,000 shares of Class B Common Stock were distributed to Sirwart Hovnanian by the Marital Trust. Mrs. Hovnanian's beneficial interest in such shares was not changed by such distribution
7. Held by the Marital Trust, including shares held through partnership interests the Limited Partnership
Remarks:
Nancy A. Marazzo Attorney-in-Fact 06/16/2006
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
Exhibit 99





Joint Filer Information





Form 5



Name:   Sirwart Hovnanian



Address:  10 Highway 35

   Red Bank, NJ 07701



Designated Filer: Kevork S. Hovnanian



Issuer and Ticker Symbol: Hovnanian Enterprises, Inc.  [HOV]



Date of Event Requiring

 Statement:  06/14/2006



Signature:  /s/  Nancy A. Marrazzo

   Attorney-in-Fact