Paul A. Huckfeldt - Apr 8, 2024 Form 4 Insider Report for HOOKER FURNISHINGS Corp (HOFT)

Role
Chief Financial Officer
Signature
/s/ Yumin Yang Attorney in Fact for Paul A. Huckfeldt
Stock symbol
HOFT
Transactions as of
Apr 8, 2024
Transactions value $
-$21,440
Form type
4
Date filed
4/10/2024, 12:24 PM
Previous filing
Apr 11, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction HOFT Common Stock Options Exercise +2.74K +10.34% 29.3K Apr 8, 2024 Direct F1
transaction HOFT Common Stock Tax liability -$21.4K -971 -3.32% $22.08 28.3K Apr 8, 2024 Direct
holding HOFT Common Stock 2.42K Apr 8, 2024 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 +5.72K $0.00 5.72K Apr 9, 2024 Common Stock 5.72K Direct F1, F2, F3
transaction HOFT Restricted Stock Unit (RSU) Options Exercise $0 -2.74K -100% $0.00* 0 Apr 8, 2024 Common Stock 2.74K 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 9, 2027 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 103.57 additional shares acquired since the date of the reporting person's last report through a dividend reinvestment feature.
F5 On April 8, 2021 the reporting person was granted 2,742 restricted stock units, vesting 100% on April 8, 2024 as the reporting person remained continuously employed with the issuer through that date.