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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13D/A
Under the Securities Exchange Act of 1934
(Amendment No. 1)*
--
HOVNANIAN ENTERPRISES, INC.
- --------------------------------------------------------------------------------
(Name of Issuer)
CLASS A COMMON STOCK, PAR VALUE $.01 PER SHARE
- --------------------------------------------------------------------------------
(Title of Class of Securities)
442487203
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(CUSIP Number)
GEATON A. DECESARIS, JR.
CHAIRMAN OF THE BOARD,
PRESIDENT AND CHIEF EXECUTIVE OFFICER
WASHINGTON HOMES, INC.
1802 BRIGHTSEAT ROAD
LANDOVER, MARYLAND 20785-4235
------------------------------
(Name, Address and Telephone Number of Person Authorized
to Receive Notices and Communications)
Copy to:
JOHN W. GRIFFIN, ESQ.
DUANE, MORRIS & HECKSCHER LLP
1667 K STREET, N. W., SUITE 700
WASHINGTON, D. C. 20006
(202) 776-7854
AUGUST 28, 2000
----------------
(Date of Event which Requires Filing of this Statement)
If the filing person has previously filed a statement on Schedule 13G to report
the acquisition that is the subject of this Schedule 13D, and is filing this
schedule because of Rule 13d-1(e), (f) or (g), check the following box .
NOTE: Schedules filed in paper format shall include a signed original and five
copies of the schedule, including all exhibits. See Rule 13d-7 for other parties
to whom copies are to be sent.
*The remainder of this cover page shall be filled out for a reporting person's
initial filing on this form with respect to the subject class of securities, and
for any subsequent amendment containing information which would alter
disclosures provided in a prior cover page.
The information required on the remainder of this cover page shall not be deemed
to be "filed" for the purpose of Section 18 of the Securities Exchange Act of
1934 ("Act") or otherwise subject to the liabilities of that section of the Act
but shall be subject to all other provisions of the Act (however, see the
Notes).
Page 1 of 4 Pages
CUSIP No. 442487203 SCHEDULE 13D/A Page 2 of 4 Pages
________________________________________________________________________________
1 NAME OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
Washington Homes, Inc.
________________________________________________________________________________
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) [_]
(b) [x]
________________________________________________________________________________
3 SEC USE ONLY
________________________________________________________________________________
4 SOURCE OF FUNDS*
OO
________________________________________________________________________________
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEMS 2(d) OR 2(e) [_]
________________________________________________________________________________
6 CITIZENSHIP OR PLACE OF ORGANIZATION
Maryland
________________________________________________________________________________
7 SOLE VOTING POWER
NUMBER OF
0
SHARES _________________________________________________________________
8 SHARED VOTING POWER
BENEFICIALLY
OWNED BY 12,076,493(1) (See Item 5 herein)
_________________________________________________________________
EACH 9 SOLE DISPOSITIVE POWER
REPORTING
0
PERSON _________________________________________________________________
10 SHARED DISPOSITIVE POWER
WITH
12,076,493(1) (See Item 5 herein)
________________________________________________________________________________
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
0
________________________________________________________________________________
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES*
[_]
________________________________________________________________________________
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
70.7%(1)
________________________________________________________________________________
14 TYPE OF REPORTING PERSON*
CO
________________________________________________________________________________
*SEE INSTRUCTIONS BEFORE FILLING OUT!
This Amendment No. 1 amends footnote 1 to the preceding table of the
Schedule 13D filed by Washington Homes, Inc. on September 11, 2000, pertaining
to the Class A Common Stock, par value $0.01 per share, of Hovnanian
Enterprises, Inc., by deleting the bracketed language as set forth below and
substituting therefor the underscored language as set forth below:
(1) Washington Homes, Inc. ("Washington Homes") has entered into a Voting
Agreement, dated August 28, 2000, with certain stockholders of Hovnanian
Enterprises, Inc., ("Hovnanian") which provides that signatory stockholders will
vote their shares of Class A Common Stock, par value $.01 per share of Hovnanian
(the "Hovnanian Class A Common Stock"), and Class B Common Stock, par value $.01
per share (the "Hovnanian Class B Common Stock"), in favor of [a proposal to
adopt the Merger Agreement] the Share Issuance (as defined hereinafter). The
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stockholders of Hovnanian who are signatories to such Voting Agreement own in
the aggregate 6,341,345 shares of the Hovnanian Class A Common Stock and
5,735,148 shares of the Hovnanian Class B Common Stock. The Hovnanian Class B
Common Stock is convertible into the Hovnanian Class A Common Stock. Unless the
context otherwise requires, the Hovnanian Class A Common Stock and the Hovnanian
Class B Common Stock may sometimes be referred to collectively in this Schedule
13D as the "Hovnanian Common Stock." Washington Homes does not have any rights
as a stockholder of Hovnanian pursuant to said Voting Agreement. Accordingly,
Washington Homes expressly disclaims beneficial ownership of all shares subject
to said Voting Agreement.
Other than the change to footnote 1 as set forth above, no other
portion of the Schedule 13D filed by Washington Homes, Inc. on September 11,
2000, or document incorporated therein by reference, is changed by this
Amendment No. 1.
Page 3 of 4 Pages
SIGNATURE
After reasonable inquiry and to the best of our knowledge and belief, I
certify that the information set forth in this Amendment No. 1 to the Schedule
13D is true, complete and correct.
WASHINGTON HOMES, INC.
By /s/ Geaton A. DeCesaris, Jr.
-------------------------------
Geaton A. DeCesaris, Jr.
Chairman of the Board,
President and Chief
Executive Officer
Dated: October 25, 2000
Page 4 of 4 Pages