SEC Form 4 · accession 0001598956-15-000001
HOOKER FURNISHINGS Corp · HOFT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Anne Jacobsen
Officer — Senior Vice President
Period of report
Apr 15, 2014
Accepted (ET)
Jan 15, 2015 · 2:31 pm EST
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 Units (RSUs)F1,F2,F3 | — | Apr 15, 2014 | A | 1,241 | A | — | — | Common Stock | 1,241 | 1,241 | 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 April 15, 2017 and will be paid as soon as administratively practical thereafter.
- F3At the discretion 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.