Filing Details
- Accession Number:
- 0001016281-21-000207
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2021-12-03 18:11:32
- Reporting Period:
- 2021-12-01
- Accepted Time:
- 2021-12-03 18:11:32
- 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 |
|---|---|---|---|---|---|---|---|
| 1643336 | Benjamin Carl Brink | 3040 Post Oak Blvd. Suite 300 Houston TX 77056 | Evp & Chief Financial Officer | No | 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 | 2021-12-01 | 17,572 | $22.58 | 37,186 | No | 4 | M | Direct | |
| Common Stock | Disposition | 2021-12-01 | 11,500 | $52.47 | 25,686 | No | 4 | F | Direct | |
| Common Stock | Disposition | 2021-12-03 | 2,000 | $52.84 | 23,686 | No | 4 | S | Direct | |
| Common Stock | Acquisiton | 2021-12-03 | 4,428 | $22.58 | 28,114 | No | 4 | M | Direct |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | M | Direct | |
| No | 4 | F | Direct | |
| No | 4 | S | Direct | |
| No | 4 | M | Direct |
Reported Derivative Transactions
| Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
|---|---|---|---|---|---|---|---|
| Common Stock | Stock Options | Disposition | 2021-12-01 | 17,572 | $0.00 | 17,572 | $22.58 |
| Common Stock | Stock Options | Disposition | 2021-12-03 | 4,428 | $0.00 | 4,428 | $22.58 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 4,428 | 2022-02-24 | No | 4 | M | Direct | |
| 0 | 2022-02-24 | No | 4 | M | Direct |
Reported Non-Derivative Holdings
| Sec. Name | Remaning Holdings | Nature of Ownership | Explanation |
|---|---|---|---|
| Common Stock | 4,695 | Indirect | Spouse |
Reported Derivative Holdings
| Sec. Name | Sec. Type | Price | Date | Expiration Date | Amount | Remaning Holdings | Nature of Ownership |
|---|---|---|---|---|---|---|---|
| Common Stock | Performance Award | $0.00 | 2024-12-31 | 13,974 | 13,974 | Direct | |
| Common Stock | Stock Options | $34.79 | 2031-02-17 | 50,000 | 50,000 | Direct | |
| Common Stock | Stock Options | $25.43 | 2028-02-14 | 15,000 | 15,000 | Direct | |
| Common Stock | Stock Options | $26.54 | 2027-03-21 | 34,900 | 34,900 | Direct | |
| Common Stock | Stock Options | $20.06 | 2026-02-23 | 10,000 | 10,000 | Direct |
| Expiration Date | Amount | Remaning Holdings | Nature of Ownership |
|---|---|---|---|
| 2024-12-31 | 13,974 | 13,974 | Direct |
| 2031-02-17 | 50,000 | 50,000 | Direct |
| 2028-02-14 | 15,000 | 15,000 | Direct |
| 2027-03-21 | 34,900 | 34,900 | Direct |
| 2026-02-23 | 10,000 | 10,000 | Direct |
Footnotes
- Represents shares withheld on 12/1/2021 to cover the option price and taxes associated with the exercise of stock options.
- The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $52.84 to $52.88, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price.
- 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. 17,572 options were exercised on 12/1/2021. These stock options expire on 02/24/2022.
- 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. 4,428 options were exercised on 12/3/2021. These stock options expire on 02/24/2022.
- 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.
- 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. These options expire on 2/17/2031.
- Stock Options granted pursuant to the Carriage Services, Inc. 2017 Omnibus Plan which 1/5 vested each year on 2/14/2019, 2/14/2020 and 2/14/2021 and 1/5 will vest on 2/14/2022 and 2/14/2023. The options expire on 2/14/2028.
- 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 on 3/21/2022. These stock options expire on 3/21/2027.
- 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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