Tod R. Phelps - Apr 10, 2023 Form 4 Insider Report for HOOKER FURNISHINGS Corp (HOFT)

Signature
/s/ Yumin Yang Attorney in Fact for Tod R. Phelps
Stock symbol
HOFT
Transactions as of
Apr 10, 2023
Transactions value $
$0
Form type
4
Date filed
4/11/2023, 01:22 PM
Previous filing
Mar 15, 2023
Next filing
Apr 10, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding HOFT Common Stock 620 Apr 10, 2023 Direct

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 +3.27K $0.00 3.27K Apr 10, 2023 Common Stock 3.27K Direct F1, F2, F3
* 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 10, 2026 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.