Carlos R. Quezada - 19 Feb 2025 Form 4 Insider Report for CARRIAGE SERVICES INC (CSV)

Role
CEO
Signature
/s/ Carlos Quezada
Issuer symbol
CSV
Transactions as of
19 Feb 2025
Net transactions value
+$64,825
Form type
4
Filing time
21 Feb 2025, 21:31:17 UTC
Previous filing
07 Aug 2024
Next filing
25 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 $799,977 +19,258 +32% $41.54 79,319 19 Feb 2025 Direct F1
transaction CSV Common Stock Options Exercise $2,239,172 +56,190 +71% $39.85 135,509 19 Feb 2025 Direct
transaction CSV Common Stock Tax liability $735,153 -18,448 -14% $39.85 117,061 19 Feb 2025 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 Performance Award Options Exercise $2,239,172 -56,190 -100% $39.85 0 19 Feb 2025 Common Stock 56,190 Direct F3
holding CSV Stock Options 77,370 19 Feb 2025 Common Stock 77,370 $24.48 Direct F4
holding CSV Stock Options 31,500 19 Feb 2025 Common Stock 31,500 $32.69 Direct F5
holding CSV Stock Options 50,000 19 Feb 2025 Common Stock 50,000 $49.48 Direct F6
holding CSV Stock Options 50,000 19 Feb 2025 Common Stock 50,000 $34.79 Direct F7
holding CSV Stock Options 13,333 19 Feb 2025 Common Stock 13,333 $18.02 Direct F8
* 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 2/19/2026.
F2 Represents shares withheld by the Issuer on February 19, 2025 to cover taxes associated with the vesting of performance awards shares which were granted on June 25, 2020, vested on December 31, 2024, and issued on February 19, 2025, in accordance with the terms of the award.
F3 Represents performance awards, payable in shares, granted on June 25, 2020 under the Carriage Services, Inc. 2017 Omnibus Incentive Plan. These awards vested on December 31, 2024 and were issued on February 19, 2025.
F4 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.
F5 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.
F6 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.
F7 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 on 2/17/2022.
F8 Stock Options granted on 6/25/2020 pursuant to the Carriage Services, Inc. 2017 Omnibus Plan of which will vest in equal increments each year over three years. 6,667 options were exercised on 9/1/2021.