Adeola Olaniyan - 21 Feb 2024 Form 4/A Insider Report for CARRIAGE SERVICES INC (CSV)

Role
Corporate Controller
Signature
/s/ Adeola Olaniyan
Issuer symbol
CSV
Transactions as of
21 Feb 2024
Net transactions value
+$36,627
Form type
4/A
Filing time
20 Mar 2024, 18:02:29 UTC
Date Of Original Report
23 Feb 2024
Previous filing
24 Feb 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 Award $48,470 +1,980 +21% $24.48 11,226 21 Feb 2024 Direct F1
transaction CSV Common Stock Sale $11,844 -463 -4.1% $25.58 10,763 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 +4,710 4,710 21 Feb 2024 Common Stock 4,710 $24.48 Direct F3
holding CSV Stock Options 4,000 21 Feb 2024 Common Stock 4,000 $49.48 Direct F4
holding CSV Performance Award 20,688 21 Feb 2024 Common Stock 20,688 Direct F5
holding CSV Stock Options 12,000 21 Feb 2024 Common Stock 12,000 $34.79 Direct F6
holding CSV Stock Options 2,360 21 Feb 2024 Common Stock 2,360 $26.54 Direct F7
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Adeola Olaniyan is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

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 2/23/2022 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.
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.
F6 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.
F7 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 amended Form 4 is being filed solely to correct the filer's inadvertent failure to check the box that the Reporting Person is no longer subject to Section 16. All other information reported in the Form 4 remains the same.