4//SEC Filing
Bruce Mark R 4
Accession 0001016281-18-000011
CIK 0001016281other
Filed
Feb 15, 7:00 PM ET
Accepted
Feb 16, 6:14 PM ET
Size
23.7 KB
Accession
0001016281-18-000011
Insider Transaction Report
Form 4
Bruce Mark R
Other
Transactions
- Award
Common Stock
2018-02-14$25.43/sh+6,650$169,110→ 37,590 total(indirect: By Spouse)
Holdings
- 26,289
Stock Options
Exercise: $5.94Exp: 2022-03-05→ Common Stock (26,289 underlying) - 13,190
Performance Award
Exp: 2021-12-31→ Common Stock (13,190 underlying) - 5,800
Performance Award
Exp: 2020-12-31→ Common Stock (5,800 underlying) - 18,500
Stock Options
Exercise: $20.06Exp: 2026-02-23→ Common Stock (18,500 underlying) - 40,000
Stock Options
Exercise: $22.58Exp: 2022-02-24→ Common Stock (40,000 underlying) - 17,530
Stock Options
Exercise: $4.78Exp: 2020-05-18→ Common Stock (17,530 underlying) - 17,913
Stock Options
Exercise: $5.70Exp: 2021-02-28→ Common Stock (17,913 underlying) - 25,000
Stock Options
Exercise: $25.43Exp: 2028-02-14→ Common Stock (25,000 underlying) - 40,000
Stock Options
Exercise: $20.26Exp: 2019-02-25→ Common Stock (40,000 underlying) - 30,000
Stock Options
Exercise: $16.73Exp: 2018-05-22→ Common Stock (30,000 underlying) - 13,300
Performance Award
Exp: 2022-12-31→ Common Stock (13,300 underlying) - 58,100
Stock Options
Exercise: $26.54Exp: 2027-03-21→ Common Stock (58,100 underlying)
Footnotes (13)
- [F1]Restricted Stock grant pursuant to the Carriage Services, Inc. 2017 Omnibus Plan which will vest 1/3 on 2/14/2019, 2/14/2020 and on 2/14/2021.
- [F10]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 on 05/22/2016. These stock options expire on 05/22/2018.
- [F11]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.
- [F12]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.
- [F13]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.
- [F2]Stock Options granted pursuant to the Carriage Services, Inc. 2017 Omnibus Plan which will vest 1/5 on 2/14/2019, 2/14/2020, 2/14/2021, 2/14/2022 and 2/14/2023. The options expire on 2/14/2028.
- [F3]Represents performance-based awards, payable in shares, granted under the Carriage Services, Inc. 2017 Omnibus Incentive Plan. The award will vest (if at all) on December 31, 2022 provided that certain criteria surrounding Adjusted Consolidated EBITDA (Adjusted Earnings Before Interest Tax Depreciation and Amortization) and Adjusted Consolidated EBITDA Margin performance is achieved and the Reporting Person has remained continuously employed by Carriage through such date. The Adjusted Consolidated EBITDA performance represents 50% of the award and the Adjusted Consolidated EBITDA Margin performance represents 50% of the award.
- [F4]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 3/21/2018, 3/21/2019, 3/21/2020, 3/21/2021 and 3/21/2022. These stock options expire on 3/21/2027.
- [F5]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, 2021 provided that certain criteria surrounding Adjusted Consolidated EBITDA (Adjusted Earnings Before Interest Tax Depreciation and Amortization) and Adjusted Consolidated EBITDA Margin performance is achieved and the Reporting Person has remained continuously employed by Carriage through such date. The Adjusted Consolidated EBITDA performance represents 50% of the award and the Adjusted Consolidated EBITDA Margin performance represents 50% of the award.
- [F6]Stock Options granted pursuant to the Carriage Services, Inc. Second Amended and Restated 2006 Long-Term Incentive Plan which vested 1/5 on 2/23/2017, and 1/5 will vest on 2/23/2018, 2/23/2019, 2/23/2020 and 2/23/2021. These stock options expire on 2/23/2026.
- [F7]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.
- [F8]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 will vest on 2/24/2018. These stock options expire on 02/24/2022.
- [F9]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 on 2/25/2017. These stock options expire on 02/25/2019.
Documents
Issuer
CARRIAGE SERVICES INC
CIK 0001016281
Entity typeother
Related Parties
1- filerCIK 0001456516
Filing Metadata
- Form type
- 4
- Filed
- Feb 15, 7:00 PM ET
- Accepted
- Feb 16, 6:14 PM ET
- Size
- 23.7 KB