Matthew A. Nino - 15 May 2023 Form 4 Insider Report for CAVCO INDUSTRIES INC. (CVCO)

Role
President, Retail
Signature
/s/ Mickey R. Dragash, attorney-in-fact
Issuer symbol
CVCO
Transactions as of
15 May 2023
Net transactions value
-$25,370
Form type
4
Filing time
17 May 2023, 19:58:43 UTC
Previous filing
07 Jun 2022
Next filing
26 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 Award $0 +339 +41% $0.000000 1,164 15 May 2023 Direct F1
transaction CVCO Common Stock Award $0 +306 +26% $0.000000 1,470 15 May 2023 Direct F2
transaction CVCO Common Stock Tax liability $25,370 -86 -5.9% $295.00 1,384 15 May 2023 Direct F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Award of Restricted Stock Units that 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.
F2 Release of FY20-23 Performance-based Restricted Stock.
F3 Surrender of shares for payment of tax withholding on release of Performance-based Restricted Stock Units.
F4 Includes 1,107 shares underlying Restricted Stock Units allocated but not yet vested or delivered.