Anne J. Smith - 11 Apr 2025 Form 4 Insider Report for HOOKER FURNISHINGS Corp (HOFT)

Signature
/s/ Yumin Yang Attorney in Fact for Anne J. Smith
Issuer symbol
HOFT
Transactions as of
11 Apr 2025
Transactions value $
-$6,266
Form type
4
Filing time
15 Apr 2025, 16:28:29 UTC
Previous filing
11 Apr 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction HOFT Common Stock Options Exercise +2,169 +13% 19,031 11 Apr 2025 Direct F1
transaction HOFT Common Stock Tax liability -$6,265 -738 -3.9% $8.49 18,293 11 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 -2,169 -100% $0 0 11 Apr 2025 Common Stock 2,169 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 11, 2022, the reporting person was granted 2,169 restricted stock units, vesting 100% on April 11, 2025 as the reporting person remained continuously employed with the issuer through that date.
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.