CARRIAGE SERVICES INC 4

Accession 0001016281-16-000174

$CSVCIK 0001016281operating

View on SEC.gov Company Profile

Filed

Feb 24, 7:00 PM ET

Accepted

Feb 25, 6:39 PM ET

Size

17.4 KB

Accession

0001016281-16-000174

Insider Transaction Report

Form 4

Period: 2016-02-23

CARRIAGE SERVICES INCCSV

Bruce Mark R

Other

Transactions

Award
Stock Options
2016-02-23+18,500→ 18,500 total
Exercise: $20.44Exp: 2026-02-23→ Common Stock (18,500 underlying)
Award
Performance Award
2016-02-23+5,800→ 5,800 total
Exp: 2020-12-31→ Common Stock (5,800 underlying)

Holdings

Stock Options
Exercise: $4.78Exp: 2020-05-18→ Common Stock (17,530 underlying)
17,530
Common Stock
33,706
Stock Options
Exercise: $22.58Exp: 2022-02-24→ Common Stock (40,000 underlying)
40,000
Stock Options
Exercise: $20.26Exp: 2019-02-25→ Common Stock (40,000 underlying)
40,000
Stock Options
Exercise: $16.73Exp: 2018-05-22→ Common Stock (30,000 underlying)
30,000
Stock Options
Exercise: $5.94Exp: 2022-03-05→ Common Stock (26,289 underlying)
26,289
Stock Options
Exercise: $5.70Exp: 2021-02-28→ Common Stock (17,913 underlying)
17,913

Footnotes (8)

[F1]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.
[F2]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.
[F3]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.
[F4]Stock Option grant pursuant to the Carriage Services, Inc. Amended and Restated 2006 Long-Term Incentive Plan which vested 1/3 on 2/25/2015, 1/3 on 2/25/2016 and 1/3 will vest on 2/25/2017. These stock options expire on 02/25/2019.
[F5]Stock Options grant pursuant to the Carriage Services, Inc. Amended and Restated 2006 Long-Term Incentive Plan which vested 1/3 on 05/22/2014, 1/3 on 05/22/2015 and 1/3 will vest on 05/22/2016. These stock options expire on 05/22/2018.
[F6]Stock Options grant pursuant to the Carriage Services, Inc. Amended and Restated 2006 Long-Term Incentive Plan which vested 1/3 on 03/05/2013, 1/3 on 03/05/2014 and 1/3 on 03/05/2015. These stock options expire on 03/05/2022.
[F7]Stock Options grant pursuant to the Carriage Services, Inc. Amended and Restated 2006 Long-Term Incentive Plan which vested 1/3 on 02/28/2012, 1/3 on 02/28/2013 and 1/3 on 02/28/2014. These stock options expire on 02/28/2021.
[F8]Stock Options granted pursuant to the Carriage Services, Inc. Amended and Restated 2006 Long-Term Incentive Plan which vested 1/3 on 05/18/2011, 1/3 on 5/18/2012 and 1/3 on 5/18/2013. These stock options expire on 5/18/2020.

Documents

1 file

4
wf-form4_145644353929751.xmlPrimary
FORM 4

Issuer

CARRIAGE SERVICES INC

CIK 0001016281

→

Entity typeoperating

IncorporatedDE

Related Parties

filerCIK 0001016281

Filing Metadata

Form type: 4
Filed: Feb 24, 7:00 PM ET
Accepted: Feb 25, 6:39 PM ET
Size: 17.4 KB

View on SEC.gov