Christopher Manceaux - 14 Dec 2021 Form 4 Insider Report for CARRIAGE SERVICES INC (CSV)

Reporting relationship: Sr. VP and Regional Partner
Issuer ticker: CSV
Reported as of: 14 Dec 2021
Net transaction value: +$226,492
SEC form: 4
Accepted by SEC: 16 Dec 2021, 16:49:26 UTC
Source filing: View source filing
Reporting owner signature: /s/ Christopher Manceaux

Key filing fact

Christopher Manceaux filed Form 4 for CARRIAGE SERVICES INC (CSV) on 16 Dec 2021.

Key facts

This page summarizes Christopher Manceaux's Form 4 filing for CARRIAGE SERVICES INC (CSV).
5 reported transactions and 6 derivative rows are listed below.
Accepted by SEC: 16 Dec 2021, 16:49.

Change

No earlier filing in this sequence is available for direct comparison.
Current net transaction value: +$226,492.

Research use

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

CSV transaction

Common Stock

Options Exercise

Transaction value: $335,700
Shares: +6,000
Change %: +57%
Price: $55.95
Shares after: 16,587
Date: 14 Dec 2021
Ownership: Direct

CSV transaction

Common Stock

Tax liability

Transaction value: $53,582
Shares: -2,373
Change %: -14%
Price: $22.58
Shares after: 14,214
Date: 14 Dec 2021
Ownership: Direct
Footnotes: F1

CSV transaction

Common Stock

Sale

Transaction value: $35,610
Shares: -636
Change %: -4.5%
Price: $55.99
Shares after: 13,578
Date: 14 Dec 2021
Ownership: Direct

CSV transaction

Common Stock

Sale

Transaction value: $20,016
Shares: -358
Change %: -2.6%
Price: $55.91
Shares after: 13,220
Date: 14 Dec 2021
Ownership: Direct

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

CSV transaction Derivative

Stock Options

Options Exercise

Transaction value: $0
Shares: -6,000
Change %: -100%
Price: $0.000000^*
Shares after: 0
Date: 14 Dec 2021
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 6,000
Exercise price: $22.58
Footnotes: F2

CSV holding Derivative

Performance Award

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 13,974
Date: 14 Dec 2021
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 13,974
Exercise price
Footnotes: F3

CSV holding Derivative

Stock Options

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 50,000
Date: 14 Dec 2021
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 50,000
Exercise price: $34.79
Footnotes: F4

CSV holding Derivative

Stock Options

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 6,160
Date: 14 Dec 2021
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 6,160
Exercise price: $25.43
Footnotes: F5

CSV holding Derivative

Stock Options

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 12,700
Date: 14 Dec 2021
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 12,700
Exercise price: $26.54
Footnotes: F6

CSV holding Derivative

Stock Options

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 3,300
Date: 14 Dec 2021
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 3,300
Exercise price: $20.06
Footnotes: F7

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 7 footnotes

Footnote F1

Represents shares withheld on 12/14/2021 to cover the option price and taxes associated with the exercise of stock options.

Footnote F2

Stock Option grant pursuant to the Carriage Services, Inc. Amended and Restated 2006 Long-Term Incentive Plan which vested 1/3 on 2/24/2016, 1/3 on 2/24/2017 and 1/3 on 2/24/2018. 6,000 shares were exercised on 12/14/2021. These stock options expire on 02/24/2022.

Footnote F3

Represents performance awards, payable in shares on December 31, 2024 granted under the Carriage Services, Inc. 2017 Omnibus Incentive Plan. The award will vest (if at all) on December 31, 2024 provided that the Company's common stock reaches one of five pre-determined growth targets for a sustained period beginning on the grant date of May 19, 2020 and ending on December 31, 2024.

Footnote F4

Stock Options granted on 2/17/2021 pursuant to the Carriage Services, Inc. 2017 Omnibus Incentive Plan that will vest in equal 20% increments each year over the next five years. The options expire on 2/17/2031.

Footnote F5

Stock Options granted pursuant to Carriage Services, Inc. 2017 Omnibus Plan which 1/5 vested each year on 2/14/2019, 2/24/2020 and 2/24/2021 and 1/5 will vest each year on 2/14/2022 and 2/14/2023. The options will expire on 2/14/2028.

Footnote F6

Stock Options granted pursuant to the Carriage Services, Inc. Second Amended and Restated 2006 Long-Term Incentive Plan which vested 1/5 each year on 3/21/2018, 3/21/2019, 3/21/2020 and 3/21/2021 and 1/5 will vest 3/21/2022. These stock options expire on 3/21/2027.

Footnote F7

Stock Options granted pursuant to the Carriage Services, Inc. Second Amended and Restated 2006 Long-Term Incentive Plan which vested 1/5 each year on 2/23/2017, 2/23/2018, 2/23/2019, 2/23/2020 and 2/23/2021. These stock options expire on 2/23/2026.

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