SEC Form 4 · accession 0001182489-15-000511
BASSETT FURNITURE INDUSTRIES INC · BSET
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Robert H Spilman Jr.
Officer — Pres & Chief Executive Officer · Director
Period of report
Apr 14, 2015
Accepted (ET)
Apr 16, 2015 · 9:28 am EDT
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,F3,F1 | Apr 14, 2015 | M | 22,000 | $10.60 | A | 184,111 | D | |
| CommonF4,F1 | Apr 14, 2015 | S | 14,100 | $31.0757 | D | 170,011 | D | |
| Common | holding | — | — | — | 13,947 | I | Lucy Bassett Trust | |
| Common | holding | — | — | — | 17,217 | I | By Spouse |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| OptionF2 | $10.60 | Oct 17, 2007 | A | 7,334 | A | Oct 17, 2008 | Oct 16, 2017 | Common | 7,334 | 0 | D |
| OptionF2 | $10.60 | Oct 17, 2007 | A | 7,333 | A | Oct 17, 2009 | Oct 16, 2017 | Common | 7,333 | 0 | D |
| OptionF2 | $10.60 | Oct 17, 2007 | A | 7,333 | A | Oct 17, 2010 | Oct 16, 2017 | Common | 7,333 | 0 | D |
Explanation of responses
- F1Includes share acquired under the 2000 employee stock purchase plan in transactions exempt under Rule 16-3(A).
- F2Granted under the 1997 Employee Stock Plan which is a Rule 16B-3 Plan.
- F3Corresponds to the exercise price of options.
- F4Price is weighted average of multiple trades ranging from $30.55 to $31.90 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.