Boone Donald Lee 4
4 · HOOKER FURNITURE CORP · Filed Apr 9, 2020
Insider Transaction Report
Form 4
Boone Donald Lee
Co-President HMI
Transactions
- Award
Restricted Stock Unit (RSU)
2020-04-07+4,310→ 4,310 total→ Common Stock (4,310 underlying)
Holdings
- 2,000
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 April 7, 2023 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.