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

Signature
/s/ Rob Paul Franch
Stock symbol
CSV
Transactions as of
Feb 21, 2024
Transactions value $
$240,924
Form type
4
Date filed
2/23/2024, 09:19 PM
Previous filing
Feb 24, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CSV Common Stock Award $262K +10.7K +147.52% $24.48 18K Feb 21, 2024 Direct F1
transaction CSV Common Stock Sale -$21.3K -831 -4.62% $25.58 17.1K Feb 22, 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 +25.4K 25.4K Feb 21, 2024 Common Stock 25.4K $24.48 Direct F3
holding CSV Stock Options 15.8K Feb 21, 2024 Common Stock 15.8K $32.69 Direct F4
holding CSV Performance Award 27.2K Feb 21, 2024 Common Stock 27.2K 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.