Smith Anne J 4
4 · HOOKER FURNISHINGS Corp · Filed Apr 11, 2025
Insider Transaction Report
Form 4
Smith Anne J
Chief Administrative Officer
Transactions
- Tax Payment
Common Stock
2025-04-09$8.60/sh−586$5,040→ 16,862 total - Exercise/Conversion
Common Stock
2025-04-09+1,723→ 17,448 total - Exercise/Conversion
Restricted Stock Unit (RSU)
2025-04-09−1,723→ 3,445 total→ Common Stock (1,723 underlying)
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 5,168 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.