Smith Anne J 4
4 · HOOKER FURNISHINGS Corp · Filed Apr 11, 2023
Insider Transaction Report
Form 4
Smith Anne J
Chief Administrative Officer
Transactions
- Exercise/Conversion
Restricted Stock Unit (RSU)
2023-04-07−2,371→ 0 total→ Common Stock (2,371 underlying) - Tax Payment
Common Stock
2023-04-07$18.33/sh−840$15,397→ 14,145 total - Exercise/Conversion
Common Stock
2023-04-07+2,371→ 14,985 total - Award
Restricted Stock Unit (RSU)
2023-04-10+2,114→ 2,114 total→ Common Stock (2,114 underlying)
Footnotes (4)
- [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 10, 2026 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.
- [F4]On April 7, 2020, the reporting person was granted 2,371 restricted stock units, vesting 100% on April 7, 2020 as the reporting person remained continuously employed with the issuer through that date.