Carl Benjamin Brink - 31 Mar 2023 Form 4 Insider Report for CARRIAGE SERVICES INC (CSV)

Reporting relationship: Former EVP & CFO
Issuer ticker: CSV
Reported as of: 31 Mar 2023
Net transaction value: -$327,090
SEC form: 4
Accepted by SEC: 03 Apr 2023, 18:35:42 UTC
Prior SEC filing: 03 Jan 2023
Source filing: View source filing
Reporting owner signature: /s/ Carl B. Brink

Key filing fact

Carl Benjamin Brink filed Form 4 for CARRIAGE SERVICES INC (CSV) on 03 Apr 2023.

Key facts

This page summarizes Carl Benjamin Brink's Form 4 filing for CARRIAGE SERVICES INC (CSV).
3 reported transactions and 3 derivative rows are listed below.
Accepted by SEC: 03 Apr 2023, 18:35.

Change

Previous filing in this sequence was filed on 03 Jan 2023.
Current net transaction value: -$327,090.

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: $305,160
Shares: +12,000
Change %: +19%
Price: $25.43
Shares after: 74,114
Date: 31 Mar 2023
Ownership: Direct

CSV transaction

Common Stock

Tax liability

Transaction value: $327,090
Shares: -10,874
Change %: -15%
Price: $30.08
Shares after: 63,240
Date: 31 Mar 2023
Ownership: Direct
Footnotes: F1

CSV holding

Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 4,695
Date: 31 Mar 2023
Ownership: Spouse

Reported derivative securities

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

CSV transaction Derivative

Stock Options

Options Exercise

Transaction value: $305,160
Shares: -12,000
Change %: -100%
Price: $25.43
Shares after: 0
Date: 31 Mar 2023
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 12,000
Exercise price: $25.43
Footnotes: F2

CSV holding Derivative

Stock Options

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 10,000
Date: 31 Mar 2023
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 10,000
Exercise price: $20.06
Footnotes: F3

CSV holding Derivative

Stock Options

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 34,900
Date: 31 Mar 2023
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 34,900
Exercise price: $26.54
Footnotes: F4

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

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 4 footnotes

Footnote F1

Represents shares withheld on 3/31/2023 to cover the option price and taxes associated with the exercise of stock options.

Footnote F2

Stock Options granted on 2/14/2018 pursuant to the Carriage Services, Inc. 2017 Omnibus Plan which vested in equal increments each year over five years beginning 2/14/2019. 12,000 options were exercised on 3/31/2023.

Footnote F3

Stock Options granted on 2/23/2016 pursuant to the Carriage Services, Inc. Second Amended and Restated 2006 Long-Term Incentive Plan which vested in equal increments each year over five years beginning 2/23/2017.

Footnote F4

Stock Options granted on 3/21/2017 pursuant to the Carriage Services, Inc. Second Amended and Restated 2006 Long-Term Incentive Plan which vested in equal increments each year over five years beginning 3/21/2018.

SEC remarks

This Form 4 is being filed on behalf of our former Executive Vice President and Chief Financial Officer who resigned effective January 2, 2023.