Shane Pudenz - Feb 23, 2022 Form 4 Insider Report for CARRIAGE SERVICES INC (CSV)

Role
VP of Sales and Marketing
Signature
/s/ Shane Pudenz
Stock symbol
CSV
Transactions as of
Feb 23, 2022
Transactions value $
$0
Form type
4
Date filed
2/25/2022, 04:48 PM
Previous filing
Feb 25, 2022
Next filing
Dec 30, 2022

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction CSV Stock Options Award +25K 25K Feb 23, 2022 Common Stock 25K $49.48 Direct F1
holding CSV Performance Award 14K Feb 23, 2022 Common Stock 14K Direct F2
holding CSV Stock Options 7K Feb 23, 2022 Common Stock 7K $34.79 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Stock Options granted on 2/23/2022 pursuant to the Carriage Services, Inc. 2017 Omnibus Incentive Plan that will vest in equal increments each year over the next seven years. These options expire on 2/23/2032.
F2 Represents performance awards, payable in shares on December 31, 2024 granted under the Carriage Services, Inc. 2017 Omnibus Incentive Plan. The award will vest (if at all) on December 31, 2024 provided that the Company's common stock reaches one of five pre-determined growth targets for a sustained period beginning on the grant date and ending on December 31, 2024.
F3 Stock Options granted on 2/17/2021 pursuant to the Carriage Services, Inc. 2017 Omnibus Incentive Plan which vested 20% on 2/17/2022 and will vest in equal 20% increments each year over the next four years. These options expire on 2/17/2031.