SEC Form 4 · accession 0001209191-19-015038

SERVICE CORP INTERNATIONAL · SCI

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Reporting owner

Michael R Webb

Officer — President, Chief Op. Officer

Period of report

Feb 27, 2019

Accepted (ET)

Mar 1, 2019 · 4:49 pm EST

Rule 10b5-1 plan

unknown — predates the checkbox

Issuer CIK

0000089089

Table I — non-derivative securities

Security	Date	Code	Shares	Price	A/D	Owned after	D/I	Nature of ownership
Common Stock	Feb 27, 2019	M	189,000	$11.175	A	476,253	D
Common Stock^F1	Feb 27, 2019	S	189,000	$41.6206	D	287,253	D
Common Stock^F2	Feb 27, 2019	S	134,565	$41.6942	D	152,688	D
Common Stock	Feb 28, 2019	M	181,000	$15.255	A	333,688	D
Common Stock	Feb 28, 2019	M	205,000	$17.405	A	538,688	D
Common Stock^F3	Feb 28, 2019	S	386,000	$41.4757	D	152,688	D
Common Stock	Mar 1, 2019	M	172,000	$23.00	A	324,688	D
Common Stock^F4	Mar 1, 2019	S	172,000	$41.5777	D	152,688	D
Common Stock	holding	—	—		—	256,100	I	By deferred compensation plan
Common Stock	holding	—	—		—	18,235	I	By 401(k) plan

Table II — derivative securities

Security	Conv. / exercise price	Date	Code	Shares	A/D	Exercisable	Expires	Underlying	Underlying shares	D/I
Employee Stock Option (right to buy)^F5	$11.175	Feb 27, 2019	M	189,000	D	—	Feb 7, 2020	Common Stock	189,000	D
Employee Stock Option (right to buy)^F6	$15.255	Feb 28, 2019	M	181,000	D	—	Feb 12, 2021	Common Stock	181,000	D
Employee Stock Option (right to buy)^F7	$17.405	Feb 28, 2018	M	205,000	D	—	Feb 11, 2022	Common Stock	205,000	D
Employee Stock Option (right to buy)^F8	$23.00	Mar 1, 2019	M	172,000	D	—	Feb 10, 2023	Common Stock	172,000	D

Explanation of responses

F1The shares were sold in multiple transactions at prices ranging from $41.46 to $41.81 per share on February 27, 2019. The $41.6206 sale price reported above is the weighted average sales price. The reporting person undertakes to provide upon request by the Commission staff, the issuer or a security holder of the issuer, full information regarding the number of shares sold at each separate price.
F2The shares were sold in multiple transactions at prices ranging from $41.56 to $41.98 per share on February 27, 2019. The $41.6942 sale price reported above is the weighted average sales price. The reporting person undertakes to provide upon request by the Commission staff, the issuer or a security holder of the issuer, full information regarding the number of shares sold at each separate price.
F3The shares were sold in multiple transactions at prices ranging from $41.315 to $41.7175 per share on February 28, 2019. The $41.4757 sale price reported above is the weighted average sales price. The reporting person undertakes to provide upon request by the Commission staff, the issuer or a security holder of the issuer, full information regarding the number of shares sold at each separate price.
F4The shares were sold in multiple transactions at prices ranging from $41.28 to $41.82 per share on March 1, 2019. The $41.5777 sale price reported above is the weighted average sales price. The reporting person undertakes to provide upon request by the Commission staff, the issuer or a security holder of the issuer, full information regarding the number of shares sold at each separate price.
F5The option vested in three equal annual installments beginning on February 7, 2013, 2014, and 2015.
F6The option vested in three equal annual installments beginning on February 12, 2014, 2015, and 2016.
F7The option vested in three equal annual installments beginning on February 11, 2015, 2016, and 2017.
F8The option vested in three equal annual installments beginning on February 10, 2016, 2017, and 2018.