PAYNE MELVIN C 4

Accession 0001016281-23-000038

CIK 0001016281other

View on SEC.gov Company Profile

Filed

Feb 23, 7:00 PM ET

Accepted

Feb 24, 5:18 PM ET

Size

19.5 KB

Accession

0001016281-23-000038

Insider Transaction Report

Form 4

Period: 2023-02-22

CARRIAGE SERVICES INCCSV

PAYNE MELVIN C

DirectorCEO

Transactions

Award
Stock Options
2023-02-22+66,666→ 66,666 total
Exercise: $32.69Exp: 2033-02-22→ Common Stock (66,666 underlying)
Award
Common Stock
2023-02-22$32.69/sh+30,780$1,006,198→ 1,227,603 total

Holdings

Stock Options
Exp: 2031-02-17→ Common Stock (150,000 underlying)
150,000
Stock Options
Exercise: $26.54Exp: 2027-03-21→ Common Stock (116,100 underlying)
116,100
Common Stock
(indirect: By Trust)
4,164
Stock Options
Exercise: $25.43Exp: 2028-02-14→ Common Stock (50,000 underlying)
50,000
Stock Options
Exercise: $20.06Exp: 2026-02-23→ Common Stock (54,545 underlying)
54,545
Common Stock
(indirect: By Spouse)
24,354
Stock Options
Exercise: $34.79Exp: 2031-02-17→ Common Stock (150,000 underlying)
150,000
Performance Award
Exp: 2024-12-31→ Common Stock (181,019 underlying)
181,019
Common Stock
(indirect: By Trust)
4,164
Stock Options
Exercise: $49.48Exp: 2032-02-23→ Common Stock (80,000 underlying)
80,000

Footnotes (9)

[F1]Restricted Stock grant pursuant to the Carriage Services, Inc. 2017 Omnibus Incentive Plan which will vest in equal increments each year over three years beginning 2/22/2024.
[F2]Stock Options granted on 2/22/2023 pursuant to the Carriage Services, Inc. 2017 Omnibus Incentive Plan which will vest in equal increments each year over three years beginning 2/22/2024.
[F3]Stock Options granted on 2/23/2022 pursuant to the Carriage Services, Inc. 2017 Omnibus Incentive Plan which will vest in equal increments each year over seven years beginning 2/23/2023.
[F4]Represents maximum number of 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 targets for a sustained period beginning on the grant date and ending on December 31, 2024.
[F5]Stock Options granted on 2/17/2021 pursuant to the Carriage Services, Inc. 2017 Omnibus Incentive Plan. 50,000 stock options vested on 12/8/2021 when the stock price reached $55.39 per share and 100,000 stock options would immediately vest upon the stock reaching a price of $77.34 per share, as long as each price is reached for three consecutive trading days during the 10 year option term.
[F6]Stock Options granted on 2/17/2021 pursuant to the Carriage Services, Inc. 2017 Omnibus Incentive Plan which will vest in equal increments each year over five years beginning 2/17/2022.
[F7]Stock Options granted on 2/14/2018 pursuant to the Carriage Services, Inc. 2017 Omnibus Incentive Plan which vested in equal increments each year over five years beginning 2/14/2019.
[F8]Stock Options granted on 3/21/2017 pursuant to the Carriage Services, Inc. Second Amended and Restated 2006 Long-Term Incentive Plan which vested in equal increments each year over five years beginning 3/21/2018.
[F9]Stock Options granted on 2/23/2016 pursuant to the Carriage Services, Inc. Second Amended and Restated 2006 Long-Term Incentive Plan which vested in equal increments each year over five years beginning 2/23/2017.

Documents

1 file

4
wf-form4_167727708472260.xmlPrimary
FORM 4

Issuer

CARRIAGE SERVICES INC

CIK 0001016281

→

Entity typeother

Related Parties

filerCIK 0001024177

Filing Metadata

Form type: 4
Filed: Feb 23, 7:00 PM ET
Accepted: Feb 24, 5:18 PM ET
Size: 19.5 KB

View on SEC.gov