SEC Form 3 · accession 0001016281-19-000035
CARRIAGE SERVICES INC · CSV
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Michael Loeffel
Other
Period of report
Feb 12, 2019
Accepted (ET)
Feb 22, 2019 · 7:56 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 | — | — | — | 10,639 | 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 | — | holding | — | — | — | — | Dec 31, 2023 | Common Stock | 10,500 | — | D |
| Stock OptionsF2 | — | holding | — | — | — | — | Feb 14, 2028 | Common Stock | 9,600 | — | D |
Explanation of responses
- F1Represents performance awards, payable in shares, granted under the Carriage Services, Inc. 2017 Omnibus Incentive Plan. The award will vest (if at all) on December 31, 2023 provided that certain criteria surrounding share price performance is achieved and the Reporting Person has remained continuously employed by Carriage through such date.
- F2Stock Options granted pursuant to Carriage Services, Inc. 2017 Omnibus Plan which 1/5 vested on 2/14/2019 and 1/5 will vest on 2/24/2020, 2/14/2021, 2/14/2021, 2/14/2022 and 2/14/2023. The options will expire on 2/14/2028.