Kara A. Kelchner-Strong - Jan 11, 2023 Form 4 Insider Report for BASSETT FURNITURE INDUSTRIES INC (BSET)

Role
SVP, Customer Experience Offic
Signature
/s/ Kara A. Kelchner-Strong
Stock symbol
BSET
Transactions as of
Jan 11, 2023
Transactions value $
$37,038
Form type
4
Date filed
1/13/2023, 02:34 PM
Previous filing
Jan 14, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BSET Common Stock Award $42.1K +2.4K +55.17% $17.55 6.75K Jan 11, 2023 Direct F1, F2, F3
transaction BSET Common Stock Tax liability -$5.08K -280 -4.15% $18.15 6.47K Jan 12, 2023 Direct 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 01/11/2023.
F4 Price of Bassett Furniture Industries Stock at the close of business 01/12/2023.