Steven D. Metzger - Feb 19, 2025 Form 4 Insider Report for CARRIAGE SERVICES INC (CSV)

Role
President
Signature
/s/ Steven D Metzger
Stock symbol
CSV
Transactions as of
Feb 19, 2025
Transactions value $
-$428,588
Form type
4
Date filed
2/21/2025, 09:09 PM
Previous filing
Feb 23, 2024
Next filing
Feb 25, 2025
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CSV Common Stock Award $525K +12.6K +28.74% $41.54 56.6K Feb 19, 2025 Direct F1
transaction CSV Common Stock Options Exercise $2.24M +56.2K +99.25% $39.85 113K Feb 19, 2025 Direct
transaction CSV Common Stock Tax liability -$954K -23.9K -21.21% $39.85 88.9K Feb 19, 2025 Direct F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction CSV Performance Award Options Exercise -$2.24M -56.2K -100% $39.85 0 Feb 19, 2025 Common Stock 56.2K Direct F3
holding CSV Stock Options 50.8K Feb 19, 2025 Common Stock 50.8K $24.48 Direct F4
holding CSV Stock Options 26.3K Feb 19, 2025 Common Stock 26.3K $32.69 Direct F5
holding CSV Stock Options 40K Feb 19, 2025 Common Stock 40K $49.48 Direct F6
holding CSV Stock Options 50K Feb 19, 2025 Common Stock 50K $34.79 Direct F7
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Restricted Stock grant pursuant to the Carriage Services, Inc. 2017 Omnibus Incentive Plan which will vest in equal increments each year over three years beginning 2/19/2026.
F2 Represents shares withheld by the Issuer on February 19, 2025 to cover taxes associated with the vesting of performance awards shares which were granted on May 19, 2020, vested on December 31, 2024, and issued on February 19, 2025, in accordance with the terms of the award.
F3 Represents performance awards, payable in shares, granted on May 19, 2020 under the Carriage Services, Inc. 2017 Omnibus Incentive Plan. These awards vested on December 31, 2024 and were issued on February 19, 2025.
F4 Stock Options granted on 2/21/2024 pursuant to the Carriage Services, Inc. 2017 Omnibus Incentive Plan which will vest in equal increments each year over three years beginning 2/21/2025.
F5 Stock Options granted on 2/22/2023 pursuant to the Carriage Services, Inc. 2017 Omnibus Incentive Plan which will vest in equal increments each year over three years beginning 2/22/2024.
F6 Stock Options granted on 2/23/2022 pursuant to the Carriage Services, Inc. 2017 Omnibus Incentive Plan which will vest in equal increments each year over seven years beginning 2/23/2023.
F7 Stock Options granted on 2/17/2021 pursuant to the Carriage Services, Inc. 2017 Omnibus Incentive Plan which will vest in equal increments each year over five years beginning 2/17/2022.