Hoff Jeremy R 4
4 · HOOKER FURNISHINGS Corp · Filed Apr 10, 2024
Insider Transaction Report
Form 4
Hoff Jeremy R
DirectorChief Executive Officer
Transactions
- Tax Payment
Common Stock
2024-04-08$22.08/sh−950$20,976→ 7,379 total - Exercise/Conversion
Common Stock
2024-04-08+3,024→ 8,329 total - Exercise/Conversion
Restricted Stock Unit (RSU)
2024-04-08−3,024→ 0 total→ Common Stock (3,024 underlying) - Award
Restricted Stock Unit (RSU)
2024-04-09+24,208→ 24,208 total→ Common Stock (24,208 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 9, 2027 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 8, 2021, the reporting person was granted 3,024 restricted stock units, vesting 100% on April 8, 2024 as the reporting person remained continuously employed with the issuer through that date.