Jeremy R. Hoff - 09 Apr 2025 Form 4 Insider Report for HOOKER FURNISHINGS Corp (HOFT)

Role
Chief Executive Officer, Director
Signature
/s/ Yumin Yang Attorney in Fact for Jeremy R. Hoff
Issuer symbol
HOFT
Transactions as of
09 Apr 2025
Transactions value $
-$21,173
Form type
4
Filing time
11 Apr 2025, 16:57:28 UTC
Previous filing
24 Feb 2025
Next filing
15 Apr 2025
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction HOFT Common Stock Options Exercise +8,069 +109% 15,448 09 Apr 2025 Direct F1
transaction HOFT Common Stock Tax liability -$21,173 -2,462 -16% $8.6 12,986 09 Apr 2025 Direct

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 HOFT Restricted Stock Unit (RSU) Options Exercise $0 -8,069 -33% $0 16,139 09 Apr 2025 Common Stock 8,069 Direct F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each RSU represents a contingent right to receive one share of HOFT common stock.
F2 On April 9, 2024, the reporting person was granted 24,208 restricted stock units. Each RSU grant vests ratably by entitling the executive officer to receive one third of the grant if he or she remains continuously employed with the Company through the end of each service period that ends April 9, 2025, April 9, 2026, and April 9, 2027, respectively.
F3 At the direction of the issuer's Compensation Committee, the RSUs may be paid in shares of HOFT common stock, cash (based on the fair market value of a share of HOFT common stock on the date payment is made) or both.