Hoff Jeremy R 4
4 · HOOKER FURNISHINGS Corp · Filed Apr 11, 2025
Insider Transaction Report
Form 4
Hoff Jeremy R
DirectorChief Executive Officer
Transactions
- Exercise/Conversion
Restricted Stock Unit (RSU)
2025-04-09−8,069→ 16,139 total→ Common Stock (8,069 underlying) - Tax Payment
Common Stock
2025-04-09$8.60/sh−2,462$21,173→ 12,986 total - Exercise/Conversion
Common Stock
2025-04-09+8,069→ 15,448 total
Footnotes (3)
- [F1]Each RSU represents a contingent right to receive one share of HOFT common stock.
- [F2]On April 9, 2024, the reporting person was granted 24,208 restricted stock units. Each RSU grant vests ratably by entitling the executive officer to receive one third of the grant if he or she remains continuously employed with the Company through the end of each service period that ends April 9, 2025, April 9, 2026, and April 9, 2027, respectively.
- [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.