John E. Bassett III - 11 Jan 2023 Form 4 Insider Report for BASSETT FURNITURE INDUSTRIES INC (BSET)

Signature
/s/ John E. Bassett, III
Issuer symbol
BSET
Transactions as of
11 Jan 2023
Net transactions value
+$37,038
Form type
4
Filing time
13 Jan 2023, 14:34:13 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 $42,120 +2,400 +4.9% $17.55 50,992 11 Jan 2023 Direct F1, F2, F3, F4
transaction BSET Common Stock Tax liability $5,082 -280 -0.55% $18.15 50,712 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 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 01/11/2023.
F4 Includes shares acquired under the 2000 and/or 2017 Employee Stock Purchase Plans in transactions exempt under Rule 16-3(A).
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).