Kara A. Kelchner-Strong - 11 Jan 2023 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
11 Jan 2023
Net transactions value
+$37,038
Form type
4
Filing time
13 Jan 2023, 14:34:31 UTC
Previous filing
14 Jan 2022
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 $42,120 +2,400 +55% $17.55 6,750 11 Jan 2023 Direct F1, F2, F3
transaction BSET Common Stock Tax liability $5,082 -280 -4.1% $18.15 6,470 12 Jan 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.