Delgatti Michael W 4
4 · HOOKER FURNITURE CORP · Filed May 8, 2018
Insider Transaction Report
Form 4
Delgatti Michael W
President - Hooker Upholstery
Transactions
- Award
Restricted Stock Unit (RSU)
2018-05-07+1,584→ 1,584 total→ Common Stock (1,584 underlying)
Holdings
- 14,966
Common Stock
Footnotes (3)
- [F1]Each RSU represents a contingent right to receive one share of HOFT common stock.
- [F2]The RSUs will vest 100% if the reporting person remains continuously employed with the issuer through May 7, 2021 and will be paid as soon as administratively practical thereafter.
- [F3]At the direction of the issuer's Compensation Committee, the RSUs may be paid in shares of HOFT common stock, cash (based on the fair market value of a share of HOFT common stock on the date payment is made) or both.