Jay R. Hervey - 11 Jan 2023 Form 4 Insider Report for BASSETT FURNITURE INDUSTRIES INC (BSET)

Signature
/s/ Jay R. Hervey
Issuer symbol
BSET
Transactions as of
11 Jan 2023
Net transactions value
+$27,778
Form type
4
Filing time
13 Jan 2023, 14:33:56 UTC
Previous filing
14 Jan 2022
Next filing
16 Jan 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BSET Common Stock Award $31,590 +1,800 +19% $17.55 11,486 11 Jan 2023 Direct F1, F2, F3, F4
transaction BSET Common Stock Tax liability $3,812 -210 -1.8% $18.15 11,276 12 Jan 2023 Direct F5, F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Price of Bassett Furniture Industries Stock at the close of business 01/12/2023.
F2 Includes shares acquired under the 2000 and/or 2017 Employee Stock Purchase Plans in transactions exempt under Rule 16-3(A).
F3 Restricted stock granted under the 2021 Stock Incentive Plan which is a Rule 16b-3 plan; vests ratably over three years.
F4 Risk of forfeiture until vesting and subject to stock ownership guidelines.
F5 Price of Bassett Furniture Industries Stock at the close of business 01/12/2023.
F6 Includes shares acquired under the 2000 and/or 2017 Employee Stock Purchase Plans in transactions exempt under Rule 16-3(A).