Franch Rob Paul 4
4 · CARRIAGE SERVICES INC · Filed Apr 25, 2025
Insider Transaction Report
Form 4
Franch Rob Paul
Chief Information Officer
Transactions
- Award
Performance Award
2025-03-07+7,094→ 7,094 totalExp: 2028-03-31→ Common Stock (7,094 underlying)
Holdings
- 21,373
Common Stock
- 15,750
Stock Options
Exercise: $32.69Exp: 2033-02-22→ Common Stock (15,750 underlying) - 25,380
Stock Options
Exercise: $24.48Exp: 2034-02-21→ Common Stock (25,380 underlying)
Footnotes (4)
- [F1]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.
- [F2]This transaction is being reported late due to an administrative oversight.
- [F3]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.
- [F4]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.