CARRIAGE SERVICES INC — Director's Dealing 2011

Nov 10, 2011

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CARRIAGE SERVICES INC (CSV)
CIK: 0001016281
Period of Report: 2011-11-08

Reporting Person: FOSTER VINCENT D (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2011-11-08	Common Stock	M	24000	$4.465	Disposed	185450	Direct
2011-11-08	Common Stock	F	18398	$5.8247	Disposed	167052	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2011-11-08	Options	$4.50	M	6000	Disposed	2012-05-07	Common (6000)	Direct
2011-11-08	Options	$3.60	M	6000	Disposed	2013-05-18	Common (6000)	Direct
2011-11-08	Options	$4.95	M	6000	Disposed	2014-05-18	Common (6000)	Direct
2011-11-08	Options	$4.81	M	6000	Disposed	2016-05-25	Common (6000)	Direct

Footnotes

F1: Represents 18,398 shares withheld on November 8, 2011 to cover the payment of the exercise price associated with the exercise of the options previously granted to the Reporting Person under the Carriage Services Director Stock Incentive Plan.