SEC Form 4 · accession 0001016281-18-000136
CARRIAGE SERVICES INC · CSV
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Adeola Olaniyan
Other
Period of report
Nov 29, 2018
Accepted (ET)
Dec 3, 2018 · 5:32 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001016281
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | holding | — | — | — | 3,300 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Performance AwardF1 | — | Nov 29, 2018 | D | 1,200 | D | — | Dec 31, 2020 | Common Stock | 1,200 | 0 | D |
| Performance AwardF1 | — | Nov 29, 2018 | D | 1,320 | D | — | Dec 31, 2021 | Common Stock | 1,320 | 0 | D |
| Stock OptionsF2 | $20.06 | holding | — | — | — | — | Feb 23, 2026 | Common Stock | 2,340 | 2,340 | D |
| Stock OptionsF3 | $26.54 | holding | — | — | — | — | Mar 21, 2027 | Common Stock | 5,900 | 5,900 | D |
Explanation of responses
- F1The Performance Award was canceled by mutual agreement of the reporting person and the Issuer. No consideration was given for the cancellation of these shares.
- F2Stock Options granted pursuant to the Carriage Services, Inc. Second Amended and Restated 2006 Long-Term Incentive Plan of 3,900 of which 780 vested on 2/23/2017 and were exercised on 3/13/2017, 780 shares vested on 2/23/2018 and were exercised on 3/2/2018, and 780 shares will vest each year on 2/23/2019, 2/23/2020 and 2/23/2021. These stock options expire on 2/23/2026.
- F3Stock Options granted pursuant to the Carriage Services, Inc. Second Amended and Restated 2006 Long-Term Incentive Plan which vested 1/5 on 3/21/2018 and 1/5 will vest each year on 3/21/2019, 3/21/2020, 3/21/2021 and 3/21/2022. These stock options expire on 3/21/2027.