Jay R. Hervey - 12 Jan 2022 Form 4 Insider Report for BASSETT FURNITURE INDUSTRIES INC (BSET)

Signature
/s/ Jay R. Hervey
Issuer symbol
BSET
Transactions as of
12 Jan 2022
Net transactions value
+$28,476
Form type
4
Filing time
14 Jan 2022, 16:12:12 UTC
Next filing
13 Jan 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BSET Common Stock Award $28,476 +1,800 +23% $15.82 9,499 12 Jan 2022 Direct F1, F2, F3, F4
* 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 01/12/22.
F4 Includes shares acquired under the 2000 and 2017 Employee Stock Purchase Plans in transactions exempt under Rule 16-3(A).