CARRIAGE SERVICES INC — Director's Dealing 2020

Feb 24, 2020

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CARRIAGE SERVICES INC (CSV)
CIK: 0001016281
Period of Report: 2020-02-20

Reporting Person: Olaniyan Adeola (Principal Accounting Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-02-20	Common Stock	S	526	$22.20	Disposed	5463	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: Represents shares withheld on February 20, 2020 to cover taxes associated with the vesting of shares of restricted stock grant on February 20, 2019.

F2: Stock Options granted pursuant to the Carriage Services, Inc. Second Amended and Restated 2006 Long-Term Incentive Plan of 3,900 on 2/23/2016, of which 1,560 have 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.