4//SEC Filing
CARRIAGE SERVICES INC 4
Accession 0001016281-16-000184
$CSVCIK 0001016281operating
Filed
Mar 3, 7:00 PM ET
Accepted
Mar 4, 4:41 PM ET
Size
11.6 KB
Accession
0001016281-16-000184
Insider Transaction Report
Form 4
DECARLO DAVID J
Director
Transactions
- Tax Payment
Common Stock
2016-03-03$20.78/sh−10,588$220,019→ 96,047 total
Holdings
- 60,329(indirect: By Trust)
Common Stock
- 46,100
Stock Options
Exercise: $20.06Exp: 2026-02-23→ Common Stock (46,100 underlying) - 14,200
Performance Award
Exp: 2020-12-31→ Common Stock (14,200 underlying) - 100,000
Stock Options
Exercise: $22.58Exp: 2022-02-24→ Common Stock (100,000 underlying) - 100,000
Stock Options
Exercise: $20.49Exp: 2019-03-03→ Common Stock (100,000 underlying)
Footnotes (5)
- [F1]Represents shares withheld on March 3, 2016 to cover taxes associated with the vesting of shares of restricted stock granted on March 3, 2014.
- [F2]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.
- [F3]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.
- [F4]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.
- [F5]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.
Documents
Issuer
CARRIAGE SERVICES INC
CIK 0001016281
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0001016281
Filing Metadata
- Form type
- 4
- Filed
- Mar 3, 7:00 PM ET
- Accepted
- Mar 4, 4:41 PM ET
- Size
- 11.6 KB