Home/Filings/4/0001016281-16-000218
4//SEC Filing

CARRIAGE SERVICES INC 4

Accession 0001016281-16-000218

$CSVCIK 0001016281operating

Filed

Jun 19, 8:00 PM ET

Accepted

Jun 20, 4:45 PM ET

Size

11.4 KB

Accession

0001016281-16-000218

Insider Transaction Report

Form 4
Period: 2016-06-17
Transactions
  • Purchase

    Common Stock

    2016-06-17$22.51/sh+10,000$225,100106,047 total
Holdings
  • Stock Options

    Exercise: $22.58Exp: 2022-02-24Common Stock (100,000 underlying)
    100,000
  • Common Stock

    (indirect: By Trust)
    60,329
  • Stock Options

    Exercise: $20.06Exp: 2026-02-23Common Stock (46,100 underlying)
    46,100
  • Performance Award

    Exp: 2020-12-31Common Stock (14,200 underlying)
    14,200
Footnotes (4)
  • [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 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.

Issuer

CARRIAGE SERVICES INC

CIK 0001016281

Entity typeoperating
IncorporatedDE

Related Parties

1
  • filerCIK 0001016281

Filing Metadata

Form type
4
Filed
Jun 19, 8:00 PM ET
Accepted
Jun 20, 4:45 PM ET
Size
11.4 KB