Rob Paul Franch - 21 Feb 2024 Form 4 Insider Report for CARRIAGE SERVICES INC (CSV)

Role: Chief Information Officer
Signature: /s/ Rob Paul Franch
Issuer symbol: CSV
Transactions as of: 21 Feb 2024
Net transactions value: +$240,924
Form type: 4
Filing time: 23 Feb 2024, 21:19:22 UTC
Previous filing: 24 Feb 2023
Next filing: 21 Feb 2025
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	CSV	Common Stock	Award	$262,181	+10,710	+148%	$24.48	17,970	21 Feb 2024	Direct	F1
transaction	CSV	Common Stock	Sale	$21,257	-831	-4.6%	$25.58	17,139	22 Feb 2024	Direct	F2

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		+25,380			25,380	21 Feb 2024	Common Stock	25,380	$24.48	Direct	F3
holding	CSV	Stock Options						15,750	21 Feb 2024	Common Stock	15,750	$32.69	Direct	F4
holding	CSV	Performance Award						27,153	21 Feb 2024	Common Stock	27,153		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 2/21/2025.
F2	Represents shares withheld on February 22, 2024 to cover taxes associated with the vesting of shares of restricted stock granted on February 22, 2023.
F3	Stock Options granted on 2/21/2024 pursuant to the Carriage Services, Inc. 2017 Omnibus Incentive Plan which will vest in equal increments each year over three years beginning 2/21/2025.
F4	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.
F5	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.