CARRIAGE SERVICES INC

Major Shareholding Notification • Apr 4, 2014

SC 13G 1 cg388.htm cg388.htm Licensed to: foley Document Created using EDGARizer 2020 5.4.5.1 Copyright 1995 - 2013 Thomson Reuters. All rights reserved.

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

SCHEDULE 13G

Under the Securities Exchange Act of 1934

Carriage Services, Inc.

(Name of Issuer)

Common Stock

(Title of Class of Securities)

143905107

(CUSIP Number)

March 31, 2014

(Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

S Rule 13d-1(b)

¨ Rule 13d-1(c)

¨ Rule 13d-1(d)

• The remainder of this cover page shall be filled out for a reporting person’s initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page.

The information required in the remainder of this cover page shall not be deemed to be “filed” for the purpose of Section 18 of the Securities Exchange Act of 1934 (“Act”) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).

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CUSIP No. 143905107

1	NAME OF REPORTING PERSONS Keeley Asset Management Corp.
2	CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS) Not Applicable	(a) ¨ (b) o
3	SEC USE ONLY
4	CITIZENSHIP OR PLACE OF ORGANIZATION Illinois
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH	5	SOLE VOTING POWER 1,801,726
	6	SHARED VOTING POWER 0
	7	SOLE DISPOSITIVE POWER 1,878,216
	8	SHARED DISPOSITIVE POWER 0
9	AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 1,878,216 (1)
10	CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS ) Not Applicable	o
11	PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 10.3% (1)
12	TYPE OF REPORTING PERSON (SEE INSTRUCTIONS) IA

(1) The percent ownership calculated is based upon an aggregate of 18,243,722 shares outstanding as of February 28, 2014.

2

CUSIP No. 143905107

1	NAME OF REPORTING PERSONS Keeley Small Cap Value Fund
2	CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS) Not Applicable	(a) ¨ (b) o
3	SEC USE ONLY
4	CITIZENSHIP OR PLACE OF ORGANIZATION Maryland
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH	5	SOLE VOTING POWER 0
	6	SHARED VOTING POWER 0
	7	SOLE DISPOSITIVE POWER 0
	8	SHARED DISPOSITIVE POWER 0
9	AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 1,412,476 (1)
10	CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS ) Not Applicable	o
11	PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 7.7% (1)
12	TYPE OF REPORTING PERSON (SEE INSTRUCTIONS) IV

(1) The percent ownership calculated is based upon an aggregate of 18,243,722 shares outstanding as of February 28, 2014.

3

CUSIP No. 143905107

1	NAME OF REPORTING PERSONS John L. Keeley, Jr.
2	CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS) Not Applicable	(a) ¨ (b) o
3	SEC USE ONLY
4	CITIZENSHIP OR PLACE OF ORGANIZATION United States
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH	5	SOLE VOTING POWER 0
	6	SHARED VOTING POWER 0
	7	SOLE DISPOSITIVE POWER 0
	8	SHARED DISPOSITIVE POWER 0
9	AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 1,700 (1)
10	CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS ) Not Applicable	o
11	PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 0.009% (1)
12	TYPE OF REPORTING PERSON (SEE INSTRUCTIONS) IN

(1) The percent ownership calculated is based upon an aggregate of 18,243,722 shares outstanding as of February 28, 2014.

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CUSIP No. 143905107

Item 1(a). Name of Issuer :

Carriage Services, Inc.

Item 1(b). Address of Issuer’s Principal Executive Offices :

3040 Post Oak Blvd., Suite 300, Houston, TX 77056

Item 2(a). Name of Person Filing :

The persons filing this Schedule 13G are:

(i) Keeley Asset Management Corp.

(ii) Keeley Small Cap Value Fund, a series of Keeley Funds, Inc.

(iii) John L. Keeley, Jr.

Item 2(b). Address of Principal Business Office or, if none, Residence :

(i)-(iii) 111 West Jackson, Suite 810, Chicago, Illinois 60604

Item 2(c). Citizenship :

(i) Keeley Asset Management Corp. is an Illinois corporation.

(ii) Keeley Funds, Inc. is a Maryland corporation.

(iii) John L. Keeley, Jr. is a citizen of the United States.

Item 2(d). Title of Class of Securities :

Common Stock

Item 2(e). CUSIP Number :

143905107

ITEM 3. If this statement is filed pursuant to sections 240.13d-1(b), or 240.13d-2(b) or (c), check whether the person filing is a :

T Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8).

T An investment adviser in accordance with section 240.13d-1(b)(1)(ii)(E).

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CUSIP No. 143905107

Item 4. Ownership :

Keeley Asset Management Corp.

(a) Amount Beneficially Owned: 1,878,216 (2)

(b) Percent of Class: 10.3%

(c) Number of shares as to which such person has:

(i) sole power to vote or to direct the vote: 1,801,726

(ii) shared power to vote or to direct the vote: 0

(iii) sole power to dispose or to direct the disposition of: 1,878,216

(iv) shared power to dispose or to direct the disposition of: 0

Keeley Small Cap Value Fund

(a) Amount Beneficially Owned: 1,412,476 (2)

(b) Percent of Class: 7.7%

(c) Number of shares as to which such person has:

(i) sole power to vote or to direct the vote: 0

(ii) shared power to vote or to direct the vote: 0

(iii) sole power to dispose or to direct the disposition of: 0

(iv) shared power to dispose or to direct the disposition of: 0

---

(2) Keeley Asset Management Corp. and Keeley Small Cap Value Fund share beneficial ownership over the same 1,412,476 shares.

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CUSIP No. 143905107

John L. Keeley, Jr.

(a) Amount Beneficially Owned: 1,700

(b) Percent of Class: 0.009%

(c) Number of shares as to which such person has:

(i) sole power to vote or to direct the vote: 0

(ii) shared power to vote or to direct the vote: 0

(iii) sole power to dispose or to direct the disposition of: 0

(iv) shared power to dispose or to direct the disposition of: 0

ITEM 5. Ownership of Five Percent or Less of a Class :

N/A

ITEM 6. Ownership of More than Five Percent on Behalf of Another Person :

N/A

ITEM 7. Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person :

N/A

ITEM 8. Identification and Classification of Members of the Group :

N/A

ITEM 9. Notice of Dissolution of Group :

N/A

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CUSIP No. 143905107

Item 10. Certification :

By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect.

Exhibits .

1. Agreement to file Schedule 13G jointly.

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

Date: April 4, 2014

KEELEY ASSET MANAGEMENT CORP.

By: /s/ John L. Keeley, Jr.

John L. Keeley, Jr., President

KEELEY FUNDS, INC.

By: /s/ John L. Keeley, Jr.

John L. Keeley, Jr., President

/s/ John L. Keeley, Jr.

John L. Keeley, Jr.

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CUSIP No. 143905107

EXHIBIT 1

AGREEMENT dated as of April 4, 2014 by and among Keeley Asset Management Corp., an Illinois corporation, Keeley Funds, Inc., a Maryland corporation and John L. Keeley, Jr., a citizen of the United States.

WHEREAS, in accordance with Rule 13d-1(k) of the Securities Exchange Act of 1934 (the “Act”), only one such statement need be filed whenever two or more persons are required to file a statement pursuant to Section 13(d) of the Act with respect to the same securities, provided that said persons agree in writing that such statement is filed on behalf of each of them.

NOW, THEREFORE, in consideration of the premises and mutual agreements herein contained, the parties hereto agree as follows:

Keeley Asset Management Corp., Keeley Funds, Inc. and John L. Keeley, Jr., hereby agree, in accordance with Rule 13d-1(k) under the Act, to file one Statement on Schedule 13G relating to their ownership of the Common Stock of Carriage Services, Inc., and hereby further agree that said Statement shall be filed on behalf of Keeley Asset Management Corp., Keeley Funds, Inc. and John L. Keeley, Jr. Nothing herein shall be deemed to be an admission that the parties hereto, or any of them, are members of a “group” (within the meaning of Section 13(d) of the Act and the rules promulgated thereunder) with respect to any securities of Carriage Services, Inc.

IN WITNESS WHEREOF, the parties have executed this agreement as of the date first written above.

KEELEY ASSET MANAGEMENT CORP.

By: /s/ John L. Keeley, Jr.

John L. Keeley, Jr., President

KEELEY FUNDS, INC.

By: /s/ John L. Keeley, Jr.

John L. Keeley, Jr., President

/s/ John L. Keeley, Jr.

John L. Keeley, Jr.

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