Robert H. Spilman Jr. - 12 Jan 2022 Form 4 Insider Report for BASSETT FURNITURE INDUSTRIES INC (BSET)

Role
Chairman & CEO, Director
Signature
/s/ Robertt H. Spilman, Jr.
Issuer symbol
BSET
Transactions as of
12 Jan 2022
Net transactions value
+$47,460
Form type
4
Filing time
14 Jan 2022, 16:00:50 UTC
Next filing
12 May 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BSET Common Stock Award $47,460 +3,000 +1.2% $15.82 253,331 12 Jan 2022 Direct F1, F2, F3
holding BSET Common Stock 13,947 12 Jan 2022 Lucy Bassett Trust
holding BSET Common Stock 16,139 12 Jan 2022 Spouse
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Restricted stock granted under the 2021 Stock Incentive Plan which is a Rule 16b-3 plan; vests ratably over 3 years.
F2 Risk of forfeiture until vesting and subject to stock ownership guidelines.
F3 Price of Bassett Furniture Industries Stock at the close of business 01/12/2020.