Paul A. Huckfeldt - Apr 11, 2022 Form 4 Insider Report for HOOKER FURNISHINGS Corp (HOFT)

Role
Chief Financial Officer
Signature
Yumin Yang Attorney in Fact for Paul A. Huckfeldt
Stock symbol
HOFT
Transactions as of
Apr 11, 2022
Transactions value $
-$7,168
Form type
4
Date filed
4/19/2022, 05:21 PM
Previous filing
May 11, 2021
Next filing
Sep 23, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction HOFT Common Stock Options Exercise +1.11K +4.66% 24.9K Apr 17, 2022 Direct F1
transaction HOFT Common Stock Tax liability -$7.17K -393 -1.58% $18.24 24.5K Apr 17, 2022 Direct
holding HOFT Common Stock 2.21K Apr 11, 2022 By 401k F4

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 HOFT Restricted Stock Unit (RSU) Award $0 +2.46K $0.00 2.46K Apr 11, 2022 Common Stock 2.46K Direct F1, F2, F3
transaction HOFT Restricted Stock Unit (RSU) Options Exercise $0 -1.11K -100% $0.00* 0 Apr 17, 2022 Common Stock 1.11K Direct F1, F3, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each RSU represents a contingent right to receive one share of HOFT common stock.
F2 The RSUs will vest 100% if the reporting person remains continuously employed with the issuer through April 11, 2025 and will be paid as soon as administratively practical thereafter.
F3 At the direction of the issuer's Compensation Committee, the RSUs may be paid in shares of HOFT common stock, cash (based on the fair market value of a share of HOFT common stock on the date payment is made) or both.
F4 Includes 55 additional shares acquired since the date of the reporting person's last report through a dividend reinvestment feature.
F5 On April 17, 2019 the reporting person was granted 1,108 restricted stock units, vesting 100% on April 17, 2022 as the reporting person remained continuously employed with the issuer through that date.