Boone Donald Lee 4
4 · HOOKER FURNITURE CORP · Filed Apr 12, 2021
Insider Transaction Report
Form 4
Boone Donald Lee
Co-President HMI
Transactions
- Award
Restricted Stock Unit (RSU)
2021-04-08+3,495→ 3,495 total→ Common Stock (3,495 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 8, 2024 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.