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

Role
Former EVP & CFO
Signature
/s/ Carl B. Brink
Issuer symbol
CSV
Transactions as of
31 Mar 2023
Net transactions value
-$327,090
Form type
4
Filing time
03 Apr 2023, 18:35:42 UTC
Previous filing
03 Jan 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CSV Common Stock Options Exercise $305,160 +12,000 +19% $25.43 74,114 31 Mar 2023 Direct
transaction CSV Common Stock Tax liability $327,090 -10,874 -15% $30.08 63,240 31 Mar 2023 Direct F1
holding CSV Common Stock 4,695 31 Mar 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 $305,160 -12,000 -100% $25.43 0 31 Mar 2023 Common Stock 12,000 $25.43 Direct F2
holding CSV Stock Options 10,000 31 Mar 2023 Common Stock 10,000 $20.06 Direct F3
holding CSV Stock Options 34,900 31 Mar 2023 Common Stock 34,900 $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.