Shawn R. Phillips - Nov 21, 2024 Form 4 Insider Report for CARRIAGE SERVICES INC (CSV)

Role
Sr. VP & Regional Partner
Signature
/s/ Shawn R. Phillips
Stock symbol
CSV
Transactions as of
Nov 21, 2024
Transactions value $
-$345,573
Form type
4
Date filed
11/25/2024, 04:50 PM
Previous filing
Aug 13, 2024
Next filing
Nov 27, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CSV Common Stock Options Exercise $53.8K +2.68K +3.23% $20.06 85.6K Nov 21, 2024 Direct
transaction CSV Common Stock Options Exercise $265K +10K +11.68% $26.54 95.6K Nov 21, 2024 Direct
transaction CSV Common Stock Options Exercise $338K +13.3K +13.9% $25.43 109K Nov 21, 2024 Direct
transaction CSV Common Stock Tax liability -$807K -20.8K -19.08% $38.82 88.1K Nov 21, 2024 Direct F1
transaction CSV Common Stock Sale -$196K -5.03K -5.71% $38.96 83.1K Nov 21, 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 Options Exercise $0 -2.68K -27.63% $0.00 7.02K Nov 21, 2024 Common Stock 2.68K $20.06 Direct F3
transaction CSV Stock Options Options Exercise $0 -10K -25.91% $0.00 28.6K Nov 21, 2024 Common Stock 10K $26.54 Direct F4
transaction CSV Stock Options Options Exercise $0 -13.3K -80% $0.00 3.32K Nov 21, 2024 Common Stock 13.3K $25.43 Direct F5
holding CSV Stock Options 50K Nov 21, 2024 Common Stock 50K $34.79 Direct F6
holding CSV Performance Award 45.3K Nov 21, 2024 Common Stock 45.3K Direct F7
holding CSV Stock Options 25K Nov 21, 2024 Common Stock 25K $49.48 Direct F8
holding CSV Stock Options 16.2K Nov 21, 2024 Common Stock 16.2K $32.69 Direct F9
holding CSV Stock Options 26.1K Nov 21, 2024 Common Stock 26.1K $24.48 Direct F10
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents shares withheld on 11/21/2024 to cover the option price and taxes associated with the exercise of stock options.
F2 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $38.91 to $39.01 per share. The reporting person undertakes to provide Carriage Services, Inc., any security holder of Carriage Services, Inc. or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price.
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. 2,680 options were exercised on 11/21/2024. These options expire on 2/23/2026.
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. 10,000 options were exercised on 11/21/2024. These options expire on 3/21/2027.
F5 Stock Options granted on 2/14/2018 pursuant to the Carriage Services, Inc. 2017 Omnibus Incentive Plan which vested in equal increments each year over five years beginning 2/14/2019. 13,288 options were exercised on 11/21/2024. These options expire on 2/14/2028.
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. These options expire on 2/17/2031.
F7 Represents 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 growth targets for a sustained period beginning on the grant date of May 19, 2020 and ending on December 31, 2024.
F8 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. These options expire on 2/23/2032.
F9 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. These options expire on 2/22/2033.
F10 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. These options expire on 2/21/2034.