CARRIAGE SERVICES INC — Director's Dealing 2020

Mar 4, 2020

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CARRIAGE SERVICES INC (CSV)
CIK: 0001016281
Period of Report: 2020-02-19

Reporting Person: Olaniyan Adeola (Principal Accounting Officer)

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	5463	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Performance Award	$	2024-12-31	Common Stock (4000.0)	4000	Direct
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: Represents performance awards, payable in shares on December 31, 2024 granted under the Carriage Services, Inc. 2017 Omnibus Incentive Plan. The award will vest (if at all) during 2024 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 the Carriage Services, Inc. Second Amended and Restated 2006 Long-Term Incentive Plan of 3,900 of which 1,560 vested and have been exercised, 1,560 shares have vested and remain unexercised and 780 shares will vest on 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 3/21/2019 and 1/5 will vest each on 3/21/2020, 3/21/2021 and 3/21/2022. These stock options expire on 3/21/2027.