Steven D. Metzger - Feb 22, 2023 Form 4 Insider Report for CARRIAGE SERVICES INC (CSV)

Signature
/s/ Steven D Metzger
Stock symbol
CSV
Transactions as of
Feb 22, 2023
Transactions value $
$396,203
Form type
4
Date filed
2/24/2023, 04:13 PM
Previous filing
Dec 20, 2022
Next filing
Feb 23, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CSV Common Stock Award $396K +12.1K +122.2% $32.69 22K Feb 22, 2023 Direct F1

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 +26.3K 26.3K Feb 22, 2023 Common Stock 26.3K $32.69 Direct F2
holding CSV Stock Options 40K Feb 22, 2023 Common Stock 40K $49.48 Direct F3
holding CSV Performance Award 77.6K Feb 22, 2023 Common Stock 77.6K Direct F4
holding CSV Stock Options 50K Feb 22, 2023 Common Stock 50K $34.79 Direct F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Restricted Stock grant pursuant to the Carriage Services, Inc. 2017 Omnibus Incentive Plan which will vest in equal increments each year over three years beginning 2/22/2024.
F2 Stock Options granted on 2/22/2023 pursuant to the Carriage Services, Inc. 2017 Omnibus Incentive Plan which will vest in equal increments each year over three years beginning 2/22/2024.
F3 Stock Options granted on 2/23/2022 pursuant to the Carriage Services, Inc. 2017 Omnibus Incentive Plan which will vest in equal increments each year over seven years beginning 2/23/2023.
F4 Represents maximum number of 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 targets for a sustained period beginning on the grant date and ending on December 31, 2024.
F5 Stock Options granted on 2/17/2021 pursuant to the Carriage Services, Inc. 2017 Omnibus Incentive Plan which will vest in equal increments each year over five years beginning 2/17/2022.