Kara A. Kelchner-Strong - 12 Jan 2022 Form 4 Insider Report for BASSETT FURNITURE INDUSTRIES INC (BSET)

Role
SVP, Customer Experience Offic
Signature
/s/ Kara A. Kelchner-Strong
Issuer symbol
BSET
Transactions as of
12 Jan 2022
Net transactions value
+$37,968
Form type
4
Filing time
14 Jan 2022, 16:06:01 UTC
Next filing
13 Jan 2023
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 $37,968 +2,400 +123% $15.82 4,350 12 Jan 2022 Direct F1, F2, F3
* 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 three 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 01/12/2022.