SEC Form 4 · accession 0001182489-15-000322
BASSETT FURNITURE INDUSTRIES INC · BSET
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Mark S Jordan
Officer — SVP--Upholstery
Period of report
Feb 12, 2015
Accepted (ET)
Feb 17, 2015 · 9:50 am EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000010329
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| CommonF2 | Feb 12, 2015 | M | 4,000 | $10.60 | A | 24,310 | D | |
| CommonF2 | Feb 12, 2015 | M | 4,000 | $10.60 | A | 28,310 | D | |
| CommonF3 | Feb 12, 2015 | S | 5,150 | $25.5052 | A | 23,160 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| OptionF1 | $10.60 | Feb 12, 2015 | M | 4,000 | A | Oct 17, 2008 | Oct 16, 2017 | Common | 4,000 | 0 | D |
| OptionF1 | $10.60 | Feb 12, 2015 | M | 4,000 | A | Oct 17, 2009 | Oct 16, 2017 | Common | 4,000 | 0 | D |
Explanation of responses
- F1Granted under the 1997 Employee Stock Plan which is a Rule 16b-3 Plan.
- F2Corresponds to exercise price of options.
- F3Price is weighted average of multiple trades ranging from $25.50 to $25.62 and reporting person undertakes to provide upon request to SEC staff, the issuer or security holder of the issuer, full information regarding the number of shares and prices at which the transaction was effected.