| Insider Ownership (Direct) - Class B Common Securities |
| The table below displays the number of non-derivative Class B common securities directly held by the Company's Chairman, Kevork S. Hovnanian, and by the President and the Chief Executive Officer, Ara K. Hovnanian. |  |
| Name | Total Held | % Shares Outstanding | | HOVNANIAN, ARA K - Chief Executive Officer | 1,664,150 | 10.8% | | HOVNANIAN, KEVORK S. - Chairman | 5,499,724 | 35.8% |
|
| Insider Ownership (Direct) - Class A Common Securities |
| The table below displays the number of non-derivative Class A common securities directly held by executive officers, directors and 10% shareholders as reflected in their most recent Section 16 filings. The figures in the table below do not include shares of Class B common securities beneficially owned by the specified persons.
| |
| Name | Total Held | | Buchanan Paul W - SVP Chief Accounting Officer | 51,956 | | Coutts Robert B - Director | 18,890 | | Executors Of The Estate Of Kevork S. Hovnanian, Deceased - Beneficial Owner (10% or more) | 7,127,392 | | Gendell Jeffrey L Et Al - Former 10% Owner | 4,734,691 | | Hake Kevin C - Sr VP Finance & Treasurer | 12,589 | | Hovnanian Ara K - President and CEO | 3,605,566 | | Hovnanian Kevork S - Beneficial Owner (10% or more) | 7,127,392 | | Hovnanian Sirwart - Beneficial Owner (10% or more) | 7,127,392 | | Kangas Edward A - Director | 56,888 | | Marengi Joseph A - Director | 28,890 | | Peter S. Reinhart As Trustee Of The Sirwart Hovnanian 1994 Marital Trust - Beneficial Owner (10% or more) | | | Reinhart Peter S - Sr. VP / General Counsel | 54,957 | | Robbins John J - Director | 31,761 | | Sorsby J Larry - Exec. VP and CFO | 81,802 | | Valiaveedan David G. - Vice President Finance | 4,526 | | Weinroth Stephen D - Director | 87,388 |
|
| * Represents ownership of less than 1% of total shares outstanding. |
|