Brink Carl Benjamin 4
4 · CARRIAGE SERVICES INC · Filed Feb 25, 2022
Insider Transaction Report
Form 4
Brink Carl Benjamin
Principal Financial Officer
Transactions
- Award
Stock Options
2022-02-23+40,000→ 40,000 totalExercise: $49.48Exp: 2032-02-23→ Common Stock (40,000 underlying)
Holdings
- 28,114
Common Stock
- 34,900
Stock Options
Exercise: $26.54Exp: 2027-03-21→ Common Stock (34,900 underlying) - 15,000
Stock Options
Exercise: $25.43Exp: 2028-02-14→ Common Stock (15,000 underlying) - 10,000
Stock Options
Exercise: $20.06Exp: 2026-02-23→ Common Stock (10,000 underlying) - 4,695(indirect: By Spouse)
Common Stock
- 56,190
Performance Award
Exp: 2024-12-31→ Common Stock (56,190 underlying) - 50,000
Stock Options
Exercise: $34.79Exp: 2031-02-17→ Common Stock (50,000 underlying)
Footnotes (6)
- [F1]Stock Options granted on 2/23/2022 pursuant to the Carriage Services, Inc. 2017 Omnibus Incentive Plan that will vest in equal increments each year over the next seven years. These options expire on 2/23/2032.
- [F2]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.
- [F3]Stock Options granted on 2/17/2021 pursuant to the Carriage Services, Inc. 2017 Omnibus Incentive Plan which vested 20% on 2/17/2022 and will vest in equal 20% increments each year over the next four years. These options expire on 2/17/2031.
- [F4]Stock Options granted pursuant to the Carriage Services, Inc. 2017 Omnibus Plan which vested 1/5 on 2/14/2019, 1/5 on 2/14/2020, 1/5 on 2/14/2021, 1/5 on 2/14/2022 and 1/5 will vest on 2/14/2023. The options expire on 2/14/2028.
- [F5]Stock Options granted pursuant to the Carriage Services, Inc. Second Amended and Restated 2006 Long-Term Incentive Plan which vested 1/5 on 3/21/2018, 1/5 on 3/21/2019, 1/5 on 3/21/2020, 1/5 on 3/21/2021 and 1/5 will vest on 3/21/2022. These stock options expire on 3/21/2027.
- [F6]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.