Adeola Olaniyan - Feb 22, 2023 Form 4 Insider Report for CARRIAGE SERVICES INC (CSV)

Role
Principal Accounting Officer
Signature
/s/ Adeola Olaniyan
Stock symbol
CSV
Transactions as of
Feb 22, 2023
Transactions value $
$86,302
Form type
4
Date filed
2/24/2023, 04:15 PM
Previous filing
Dec 30, 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 $86.3K +2.64K +40.62% $32.69 9.14K 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
holding CSV Stock Options 4K Feb 22, 2023 Common Stock 4K $49.48 Direct F2
holding CSV Performance Award 20.7K Feb 22, 2023 Common Stock 20.7K Direct F3
holding CSV Stock Options 12K Feb 22, 2023 Common Stock 12K $34.79 Direct F4
holding CSV Stock Options 2.36K Feb 22, 2023 Common Stock 2.36K $26.54 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 2/23/2022 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.
F3 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.
F4 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.
F5 Stock Options granted on 3/21/2017 pursuant to the Carriage Services, Inc. Second Amended and Restated 2006 Long-Term Incentive Plan which vested in equal increments each year over five years beginning 3/21/2018.