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CARRIAGE SERVICES INC Director's Dealing 2019

Aug 8, 2019

32526_dirs_2019-08-08_129b0b2f-bb22-4383-bc98-ccf8f6f9de83.zip

Director's Dealing

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SEC Form 3 — Initial Statement of Beneficial Ownership

Issuer: CARRIAGE SERVICES INC (CSV)
CIK: 0001016281
Period of Report: 2019-08-01

Reporting Person: Elliott Paul Donald (Sr. VP and Regional Partner)

Holdings (Non-Derivative)

Security Shares Ownership
Common Stock 24500 Direct
Common Stock 6029 Indirect

Holdings (Derivative)

Security Exercise Price Expiration Underlying Shares Ownership
Performance Award $ 2023-12-31 Common Stock (10500.0) Direct
Stock Options $25.43 2028-02-14 Common Stock (16610.0) Direct
Stock Options $26.54 2027-03-21 Common Stock (38600.0) Direct
Stock Options $20.06 2026-02-23 Common Stock (17300.0) Direct
Stock Options $22.58 2022-02-24 Common Stock (38000.0) Direct

Footnotes

F1: Represents performance awards, payable in shares, granted under the Carriage Services, Inc. 2017 Omnibus Incentive Plan. The award will vest (if at all) on December 31, 2023 provided that certain criteria surrounding share price performance is achieved and the Reporting Person has remained continuously employed by Carriage through such date.

F2: Stock Options granted pursuant to Carriage Services, Inc. 2017 Omnibus Plan of which 1/5 vested on 2/14/2019 and 1/5 will vest on 2/24/2020, 2/14/2021, 2/14/2022 and 2/14/2023. The options will expire on 2/14/2028.

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

F4: Stock Options granted pursuant to the Carriage Services, Inc. Second Amended and Restated 2006 Long-Term Incentive Plan of which 1/5 shares vested on 2/23/2017, 2/23/2018 and 2/23/2019 and 1/5 shares will vest each year on 2/23/2020 and 2/23/2021. These stock options expire on 2/23/2026.

F5: Stock Option grant pursuant to the Carriage Services, Inc. Second Amended and Restated 2006 Long-Term Incentive Plan of which 1/3 shares vested on 2/24/2016, 2/24/2017 and 2/24/2018. These stock options expire on 02/24/2022.