Robert H. Spilman Jr - Jan 11, 2023 Form 4 Insider Report for BASSETT FURNITURE INDUSTRIES INC (BSET)

Role
Chairman & CEO, Director
Signature
/s/ Robert H. Spilman, Jr.
Stock symbol
BSET
Transactions as of
Jan 11, 2023
Transactions value $
$46,298
Form type
4
Date filed
1/13/2023, 02:36 PM
Previous filing
Oct 7, 2022
Next filing
May 1, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BSET Common Stock Award $52.7K +3K +1.16% $17.55 261K Jan 11, 2023 Direct F1, F2, F3
transaction BSET Common Stock Tax liability -$6.35K -350 -0.13% $18.15 261K Jan 12, 2023 Direct F4
holding BSET Common Stock 13.9K Jan 11, 2023 Lucy Bassett Trust
holding BSET Common Stock 16.1K Jan 11, 2023 Spouse
* 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.