CARRIAGE SERVICES INC — Director's Dealing 2018

Dec 3, 2018

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CARRIAGE SERVICES INC (CSV)
CIK: 0001016281
Period of Report: 2018-11-29

Reporting Person: Olaniyan Adeola (Principal Accounting Officer)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2018-11-29	Performance Award	$	D	1200	Disposed	2020-12-31	Common Stock (1200.0)	Direct
2018-11-29	Performance Award	$	D	1320	Disposed	2021-12-31	Common Stock (1320.0)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	3300	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Stock Options	$20.06	2026-02-23	Common Stock (2340.0)	2340	Direct
Stock Options	$26.54	2027-03-21	Common Stock (5900.0)	5900	Direct

Footnotes

F1: The Performance Award was canceled by mutual agreement of the reporting person and the Issuer. No consideration was given for the cancellation of these shares.

F2: Stock Options granted pursuant to the Carriage Services, Inc. Second Amended and Restated 2006 Long-Term Incentive Plan of 3,900 of which 780 vested on 2/23/2017 and were exercised on 3/13/2017, 780 shares vested on 2/23/2018 and were exercised on 3/2/2018, and 780 shares will vest each year on 2/23/2019, 2/23/2020 and 2/23/2021. These stock options expire on 2/23/2026.

F3: Stock Options granted pursuant to the Carriage Services, Inc. Second Amended and Restated 2006 Long-Term Incentive Plan which vested 1/5 on 3/21/2018 and 1/5 will vest each year on 3/21/2019, 3/21/2020, 3/21/2021 and 3/21/2022. These stock options expire on 3/21/2027.