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

Signature
/s/ Robert H. Spilman, Jr.
Issuer symbol
BSET
Transactions as of
11 Jan 2023
Net transactions value
+$46,298
Form type
4
Filing time
13 Jan 2023, 14:36:06 UTC
Previous filing
07 Oct 2022
Next filing
01 May 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BSET Common Stock Award $52,650 +3,000 +1.2% $17.55 261,331 11 Jan 2023 Direct F1, F2, F3
transaction BSET Common Stock Tax liability $6,352 -350 -0.13% $18.15 260,981 12 Jan 2023 Direct F4
holding BSET Common Stock 13,947 11 Jan 2023 Lucy Bassett Trust
holding BSET Common Stock 16,139 11 Jan 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.