SEC Form 4 · accession 0001182489-15-000629
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
Jul 10, 2015
Accepted (ET)
Jul 14, 2015 · 3:11 pm 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 |
|---|---|---|---|---|---|---|---|---|
| CommonF3 | Jul 10, 2015 | M | 4,000 | $10.60 | A | 27,160 | D | |
| CommonF3 | Jul 10, 2015 | M | 16,000 | $4.38 | A | 43,160 | D | |
| CommonF4 | Jul 10, 2015 | S | 20,000 | $36.6266 | D | 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 | Jul 10, 2015 | M | 4,000 | A | Oct 17, 2010 | Oct 16, 2017 | Common | 4,000 | 0 | D |
| OptionF2 | $4.38 | Jul 10, 2015 | M | 4,000 | A | Jul 14, 2011 | Jul 13, 2020 | Common | 4,000 | 0 | D |
| OptionF2 | $4.38 | Jul 10, 2015 | M | 4,000 | A | Jul 14, 2012 | Jul 13, 2020 | Common | 4,000 | 0 | D |
| OptionF2 | $4.38 | Jul 10, 2015 | M | 4,000 | A | Jul 14, 2013 | Jul 13, 2020 | Common | 4,000 | 0 | D |
| OptionF2 | $4.38 | Jul 10, 2015 | M | 4,000 | A | Jul 14, 2014 | Jul 13, 2020 | Common | 4,000 | 0 | D |
Explanation of responses
- F1Granted under the 1997 Employee Stock Plan which is a Rule 16b-3 plan.
- F2Granted under the 2010 Stock Incentive Plan which is a Rule 16b-3 plan.
- F3Corresponds to exercise price of options.
- F4Price is weighted average of multiple trades ranging from $36.30 to $37.06 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.