Filing Details

Accession Number:
0001016281-16-000218
Form Type:
4
Zero Holdings:
No
Publication Time:
2016-06-20 16:45:50
Reporting Period:
2016-06-17
Filing Date:
2016-06-20
Accepted Time:
2016-06-20 16:45:50
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1016281 Carriage Services Inc CSV Services-Personal Services (7200) 760423828
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1211957 J David Decarlo 4501 Gulfshore Blvd
North Unit 1901
Naples FL 34103
President Yes Yes No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Acquisiton 2016-06-17 10,000 $22.51 106,047 No 4 P Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 P Direct
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Common Stock 60,329 Indirect Peggy J DeCarlo 2012 Irrevocable Trust
Reported Derivative Holdings
Sec. Name Sec. Type Price Date Expiration Date Amount Remaning Holdings Nature of Ownership
Common Stock Stock Options $20.06 2026-02-23 46,100 46,100 Direct
Common Stock Performance Award $0.00 2020-12-31 14,200 14,200 Direct
Common Stock Stock Options $22.58 2022-02-24 100,000 100,000 Direct
Common Stock Stock Options $20.49 2019-03-03 100,000 100,000 Direct
Expiration Date Amount Remaning Holdings Nature of Ownership
2026-02-23 46,100 46,100 Direct
2020-12-31 14,200 14,200 Direct
2022-02-24 100,000 100,000 Direct
2019-03-03 100,000 100,000 Direct
Footnotes
  1. Stock Options granted pursuant to the Carriage Services, Inc. Second Amended and Restated 2006 Long-Term Incentive Plan which will vest 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.
  2. Represents performance-based awards, payable in shares, granted under the Carriage Services, Inc. Second Amended and Restated 2006 Long-Term Incentive Plan. The award will vest (if at all) on December 31, 2020 provided that certain criteria surrounding Adjusted Consolidated EBITDA (Adjusted Earnings Before Interest Tax Depreciation and Amortization) and Relative Shareholder Return performance is achieved and the Reporting Person has remained continuously employed by Carriage through such date. The Relative Shareholder Return performance represents 75% of the award and the Adjusted Consolidated EBITDA performance represents 25% of the award.
  3. 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 will vest on 2/24/2017 and 1/3 on 2/24/2018. These stock options expire on 02/24/2022.
  4. Stock Options granted pursuant to the Carriage Services, Inc. Second Amended and Restated 2006 Long-Term Incentive Plan which vested 1/3 on 3/3/2015, 1/3 on 3/3/2016 and 1/3 will vest on 3/3/2017. These stock options expire on 3/3/2019.