SEC Form 4 · accession 0001062993-18-001971
HOOKER FURNISHINGS Corp · HOFT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Donald Lee Boone
Officer — Co-President HMI
Period of report
May 7, 2018
Accepted (ET)
May 8, 2018 · 11:07 am EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001077688
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock Unit (RSU)F1,F2,F3 | — | May 7, 2018 | A | 1,056 | A | — | — | Common Stock | 1,056 | 1,056 | D |
Explanation of responses
- F1Each RSU represents a contingent right to receive one share of HOFT common stock.
- F2The RSUs will vest 100% if the reporting person remains continuously employed with the issuer through May 7, 2021 and will be paid as soon as administratively practical thereafter.
- F3At the direction of the issuer's Compensation Committee, the RSUs may be paid in shares of HOFT common stock, cash (based on the fair market value of a share of HOFT common stock on the date payment is made) or both.