4//SEC Filing
Metzger Steven D 4
Accession 0001016281-25-000060
CIK 0001016281other
Filed
Apr 24, 8:00 PM ET
Accepted
Apr 25, 8:23 PM ET
Size
14.0 KB
Accession
0001016281-25-000060
Insider Transaction Report
Form 4
Metzger Steven D
President
Transactions
- Award
Performance Award
2025-03-07+13,605→ 13,605 totalExp: 2028-03-31→ Common Stock (13,605 underlying) - Sale
Common Stock
2025-04-23$40.09/sh−3,508$140,636→ 81,389 total
Holdings
- 40,000
Stock Options
Exercise: $49.48Exp: 2032-02-23→ Common Stock (40,000 underlying) - 50,000
Stock Options
Exercise: $34.79Exp: 2031-02-17→ Common Stock (50,000 underlying) - 26,250
Stock Options
Exercise: $32.69Exp: 2033-02-22→ Common Stock (26,250 underlying) - 50,760
Stock Options
Exercise: $24.48Exp: 2034-02-21→ Common Stock (50,760 underlying)
Footnotes (8)
- [F1]The reported transaction was affected automatically pursuant to a Rule 10b5-1(c) Plan entered into by the Reporting Person on November 25, 2024. Accordingly, the Reporting Person had no discretion with regard to the timing of the transaction.
- [F2]The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $40.00 to $40.35, inclusive. The Reporting Person undertakes to provide to Carriage Services, Inc. ("Carriage"), any security holder of Carriage, or the staff of the Securities and Exchange Commission (the "SEC"), upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.
- [F3]Represents a performance-based award, payable in shares, granted on March 7, 2025 under the Carriage Services, Inc. 2017 Omnibus Incentive Plan (the "Plan"). The award will vest (if at all) provided that certain pre-determined performance metrics related to the Issuer's Adjusted Consolidated EBITDA (Adjusted Earnings Before Interest Tax Depreciation and Amortization) are achieved during the period commencing on the grant date through March 31, 2028, and certified by the Issuer's Compensation Committee of the Board of Directors, subject to terms of the Plan, such award, and the Reporting Person remaining continuously employed by the Issuer through such date.
- [F4]This transaction is being reported late due to an administrative oversight.
- [F5]Stock Options granted on 2/21/2024 pursuant to the Carriage Services, Inc. 2017 Omnibus Incentive Plan which will vest in equal increments each year over three years beginning 2/21/2025.
- [F6]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.
- [F7]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.
- [F8]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.
Documents
Issuer
CARRIAGE SERVICES INC
CIK 0001016281
Entity typeother
Related Parties
1- filerCIK 0001703447
Filing Metadata
- Form type
- 4
- Filed
- Apr 24, 8:00 PM ET
- Accepted
- Apr 25, 8:23 PM ET
- Size
- 14.0 KB