SEC Form 4 · accession 0001182489-15-000734
BASSETT FURNITURE INDUSTRIES INC · BSET
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Jay R Hervey
Officer — Vice Pres Sec & Gen Counsel
Period of report
Oct 6, 2015
Accepted (ET)
Oct 8, 2015 · 5:08 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 |
|---|---|---|---|---|---|---|---|---|
| CommonF1 | Oct 6, 2015 | S | 500 | $31.00 | D | 11,141 | D | |
| CommonF3,F1 | Oct 8, 2015 | M | 1,500 | $8.02 | A | 12,641 | D | |
| CommonF2,F1 | Oct 8, 2015 | S | 1,350 | $32.238 | D | 11,291 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| OptionF4 | $8.02 | Oct 8, 2015 | M | 1,500 | D | Jul 13, 2015 | Jul 12, 2021 | Common | 1,500 | 0 | D |
Explanation of responses
- F1Includes shares acquired under the 2000 Employee Stock Purchase Plan in transactions exempt under Rule 16-3(A).
- F2Price is weighted average of multiple trades ranging from 31.943 to 32.501 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.
- F3Corresponds to the exercise price of the stock options.
- F4Granted under the 2010 Stock Incentive Plan which is a Rule 16B-3 Plan.