Carl B. Brink - Mar 31, 2023 Form 4 Insider Report for CARRIAGE SERVICES INC (CSV)

Role
Former EVP & CFO
Signature
/s/ Carl B. Brink
Stock symbol
CSV
Transactions as of
Mar 31, 2023
Transactions value $
-$327,090
Form type
4
Date filed
4/3/2023, 06:35 PM
Previous filing
Jan 3, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CSV Common Stock Options Exercise $305K +12K +19.32% $25.43 74.1K Mar 31, 2023 Direct
transaction CSV Common Stock Tax liability -$327K -10.9K -14.67% $30.08 63.2K Mar 31, 2023 Direct F1
holding CSV Common Stock 4.7K Mar 31, 2023 Spouse

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 Options Exercise -$305K -12K -100% $25.43 0 Mar 31, 2023 Common Stock 12K $25.43 Direct F2
holding CSV Stock Options 10K Mar 31, 2023 Common Stock 10K $20.06 Direct F3
holding CSV Stock Options 34.9K Mar 31, 2023 Common Stock 34.9K $26.54 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents shares withheld on 3/31/2023 to cover the option price and taxes associated with the exercise of stock options.
F2 Stock Options granted on 2/14/2018 pursuant to the Carriage Services, Inc. 2017 Omnibus Plan which vested in equal increments each year over five years beginning 2/14/2019. 12,000 options were exercised on 3/31/2023.
F3 Stock Options granted on 2/23/2016 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 2/23/2017.
F4 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.

Remarks:

This Form 4 is being filed on behalf of our former Executive Vice President and Chief Financial Officer who resigned effective January 2, 2023.