<SEC-DOCUMENT>0001181431-12-067298.txt : 20121227
<SEC-HEADER>0001181431-12-067298.hdr.sgml : 20121227
<ACCEPTANCE-DATETIME>20121227170246
ACCESSION NUMBER:		0001181431-12-067298
CONFORMED SUBMISSION TYPE:	4
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20121218
FILED AS OF DATE:		20121227
DATE AS OF CHANGE:		20121227

ISSUER:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			HOVNANIAN ENTERPRISES INC
		CENTRAL INDEX KEY:			0000357294
		STANDARD INDUSTRIAL CLASSIFICATION:	OPERATIVE BUILDERS [1531]
		IRS NUMBER:				221851059
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1031

	BUSINESS ADDRESS:	
		STREET 1:		110 WEST FRONT STREET
		STREET 2:		PO BOX 500
		CITY:			RED BANK
		STATE:			NJ
		ZIP:			07701
		BUSINESS PHONE:		7327477800

	MAIL ADDRESS:	
		STREET 1:		110 WEST FRONT STREET PO BOX 500
		STREET 2:		110 WEST FRONT STREET  PO BOX 500
		CITY:			RED BANK
		STATE:			NJ
		ZIP:			07701

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			Executors of the Estate of Kevork S. Hovnanian, Deceased
		CENTRAL INDEX KEY:			0001475133
		STATE OF INCORPORATION:			NJ
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-08551
		FILM NUMBER:		121287871

	BUSINESS ADDRESS:	
		STREET 1:		425 LEXINGTON AVENUE
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10017
		BUSINESS PHONE:		212-455-2000

	MAIL ADDRESS:	
		STREET 1:		425 LEXINGTON AVENUE
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10017
</SEC-HEADER>
<DOCUMENT>
<TYPE>4
<SEQUENCE>1
<FILENAME>rrd364893.xml
<DESCRIPTION>FORM 4
<TEXT>
<XML>
<?xml version="1.0"?>
<ownershipDocument>

    <schemaVersion>X0306</schemaVersion>

    <documentType>4</documentType>

    <periodOfReport>2012-12-18</periodOfReport>

    <notSubjectToSection16>0</notSubjectToSection16>

    <issuer>
        <issuerCik>0000357294</issuerCik>
        <issuerName>HOVNANIAN ENTERPRISES INC</issuerName>
        <issuerTradingSymbol>HOV</issuerTradingSymbol>
    </issuer>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001475133</rptOwnerCik>
            <rptOwnerName>Executors of the Estate of Kevork S. Hovnanian, Deceased</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>C/O LAURA M. TWOMEY, SIMPSON THACHER</rptOwnerStreet1>
            <rptOwnerStreet2>&amp; BARTLETT LLP, 425 LEXINGTON AVE</rptOwnerStreet2>
            <rptOwnerCity>NEW YORK</rptOwnerCity>
            <rptOwnerState>NY</rptOwnerState>
            <rptOwnerZipCode>10017</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>0</isDirector>
            <isOfficer>0</isOfficer>
            <isTenPercentOwner>1</isTenPercentOwner>
            <isOther>0</isOther>
        </reportingOwnerRelationship>
    </reportingOwner>

    <nonDerivativeTable>
        <nonDerivativeTransaction>
            <securityTitle>
                <value>Class A Common Stock</value>
            </securityTitle>
            <transactionDate>
                <value>2012-12-18</value>
            </transactionDate>
            <transactionCoding>
                <transactionFormType>5</transactionFormType>
                <transactionCode>W</transactionCode>
                <equitySwapInvolved>0</equitySwapInvolved>
            </transactionCoding>
            <transactionAmounts>
                <transactionShares>
                    <value>970849</value>
                </transactionShares>
                <transactionPricePerShare>
                    <value>0</value>
                </transactionPricePerShare>
                <transactionAcquiredDisposedCode>
                    <value>D</value>
                </transactionAcquiredDisposedCode>
            </transactionAmounts>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>0</value>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>I</value>
                </directOrIndirectOwnership>
                <natureOfOwnership>
                    <value>By LLC</value>
                    <footnoteId id="F1"/>
                </natureOfOwnership>
            </ownershipNature>
        </nonDerivativeTransaction>
        <nonDerivativeHolding>
            <securityTitle>
                <value>Class A Common Stock</value>
            </securityTitle>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>6156543</value>
                    <footnoteId id="F1"/>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>D</value>
                </directOrIndirectOwnership>
            </ownershipNature>
        </nonDerivativeHolding>
    </nonDerivativeTable>

    <derivativeTable>
        <derivativeTransaction>
            <securityTitle>
                <value>Class B Common Stock</value>
            </securityTitle>
            <conversionOrExercisePrice>
                <footnoteId id="F2"/>
            </conversionOrExercisePrice>
            <transactionDate>
                <value>2012-12-18</value>
            </transactionDate>
            <transactionCoding>
                <transactionFormType>5</transactionFormType>
                <transactionCode>W</transactionCode>
                <equitySwapInvolved>0</equitySwapInvolved>
            </transactionCoding>
            <transactionAmounts>
                <transactionShares>
                    <value>3883395</value>
                </transactionShares>
                <transactionPricePerShare>
                    <value>0</value>
                </transactionPricePerShare>
                <transactionAcquiredDisposedCode>
                    <value>D</value>
                </transactionAcquiredDisposedCode>
            </transactionAmounts>
            <exerciseDate>
                <footnoteId id="F2"/>
            </exerciseDate>
            <expirationDate>
                <footnoteId id="F3"/>
            </expirationDate>
            <underlyingSecurity>
                <underlyingSecurityTitle>
                    <value>Class A Common Stock</value>
                </underlyingSecurityTitle>
                <underlyingSecurityShares>
                    <value>3883395</value>
                </underlyingSecurityShares>
            </underlyingSecurity>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>0</value>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>I</value>
                </directOrIndirectOwnership>
                <natureOfOwnership>
                    <value>By LLC</value>
                    <footnoteId id="F1"/>
                </natureOfOwnership>
            </ownershipNature>
        </derivativeTransaction>
        <derivativeHolding>
            <securityTitle>
                <value>Class B Common Stock</value>
            </securityTitle>
            <conversionOrExercisePrice>
                <footnoteId id="F2"/>
            </conversionOrExercisePrice>
            <exerciseDate>
                <footnoteId id="F2"/>
            </exerciseDate>
            <expirationDate>
                <footnoteId id="F3"/>
            </expirationDate>
            <underlyingSecurity>
                <underlyingSecurityTitle>
                    <value>Class A Common Stock</value>
                </underlyingSecurityTitle>
                <underlyingSecurityShares>
                    <value>3255251</value>
                </underlyingSecurityShares>
            </underlyingSecurity>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>3255251</value>
                    <footnoteId id="F1"/>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>D</value>
                </directOrIndirectOwnership>
            </ownershipNature>
        </derivativeHolding>
    </derivativeTable>

    <footnotes>
        <footnote id="F1">On December 18, 2012, the Reporting Person contributed 970,849 shares of Class A Common Stock, par value $.01 per share, non-cumulative  (&quot;Class A Common Stock&quot;), and 3,883,395 shares of Class B Common Stock, par value $.01 per share, non-cumulative  (&quot;Class B Common Stock&quot;), to a limited liability company in exchange for all of the limited liability company interests.  The Reporting Person's beneficial interest in such shares was not changed by such contribution.  Following such contribution, the Reporting Person transferred all of the limited liability company interests pursuant to the Will of Kevork S. Hovnanian, deceased.</footnote>
        <footnote id="F2">The Class B Common Stock is immediately converted into an equal number of shares of Class A Common Stock.</footnote>
        <footnote id="F3">No expiration date.</footnote>
    </footnotes>

    <ownerSignature>
        <signatureName>/s/ Sirwart Hovnanian, Sirwart Hovnanian, Executrix of the Estate of Kevork S. Hovnanian, Deceased</signatureName>
        <signatureDate>2012-12-27</signatureDate>
    </ownerSignature>

    <ownerSignature>
        <signatureName>/s/ Ara K. Hovnanian, Ara K. Hovnanian, Executor of the Estate of Kevork S. Hovnanian, Deceased</signatureName>
        <signatureDate>2012-12-27</signatureDate>
    </ownerSignature>

    <ownerSignature>
        <signatureName>/s/ Sossie K. Najarian, Sossie K. Najarian, Executrix of the Estate of Kevork S. Hovnanian, Deceased</signatureName>
        <signatureDate>2012-12-27</signatureDate>
    </ownerSignature>

    <ownerSignature>
        <signatureName>/s/ Esto K. Barry, Esto K. Barry, Executrix of the Estate of Kevork S. Hovnanian, Deceased</signatureName>
        <signatureDate>2012-12-27</signatureDate>
    </ownerSignature>

    <ownerSignature>
        <signatureName>/s/ Lucy K. Kalian, Lucy K. Kalian, Executrix of the Estate of Kevork S. Hovnanian, Deceased</signatureName>
        <signatureDate>2012-12-27</signatureDate>
    </ownerSignature>

    <ownerSignature>
        <signatureName>/s/ Nadia K. Rodriguez, Nadia K. Rodriguez, Executrix of the Estate of Kevork S. Hovnanian, Deceased</signatureName>
        <signatureDate>2012-12-27</signatureDate>
    </ownerSignature>
</ownershipDocument>
</XML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
