0001016281-18-000042.txt : 20180312
0001016281-18-000042.hdr.sgml : 20180312
20180312183840
ACCESSION NUMBER: 0001016281-18-000042
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20180309
FILED AS OF DATE: 20180312
DATE AS OF CHANGE: 20180312
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Bruce Mark R
CENTRAL INDEX KEY: 0001456516
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-11961
FILM NUMBER: 18684796
MAIL ADDRESS:
STREET 1: 3811 CARNDEN LANE
CITY: MISSOURI CITY
STATE: TX
ZIP: 77459
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: CARRIAGE SERVICES INC
CENTRAL INDEX KEY: 0001016281
STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-PERSONAL SERVICES [7200]
IRS NUMBER: 760423828
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 3040 POST OAK BOULEVARD
STREET 2: SUITE 300
CITY: HOUSTON
STATE: TX
ZIP: 77056
BUSINESS PHONE: 713-332-8400
MAIL ADDRESS:
STREET 1: 3040 POST OAK BOULEVARD
STREET 2: SUITE 300
CITY: HOUSTON
STATE: TX
ZIP: 77056
4
1
wf-form4_152089429406447.xml
FORM 4
X0306
4
2018-03-09
0
0001016281
CARRIAGE SERVICES INC
CSV
0001456516
Bruce Mark R
3811 CARNDEN LANE
MISSOURI CITY
TX
77459
0
1
0
0
Chief Operating Officer
Common Stock
2018-03-09
4
M
0
30000
16.73
A
36650
D
Common Stock
2018-03-09
4
F
0
21099
28.05
D
15551
D
Common Stock
30940
I
Jointly owned with spouse
Stock Options
16.73
2018-03-09
4
M
0
30000
0
D
2018-05-22
Common Stock
30000.0
0
D
Stock Options
25.43
2028-02-14
Common Stock
25000.0
25000
D
Performance Award
2022-12-31
Common Stock
13300.0
13300
D
Stock Options
26.54
2027-03-21
Common Stock
58100.0
58100
D
Performance Award
2021-12-31
Common Stock
13190.0
13190
D
Stock Options
20.26
2019-02-25
Common Stock
40000.0
40000
D
Performance Award
2020-12-31
Common Stock
5800.0
5800
D
Stock Options
22.58
2022-02-24
Common Stock
40000.0
40000
D
Stock Options
20.06
2026-02-23
Common Stock
18500.0
18500
D
Stock Options
5.94
2022-03-05
Common Stock
26289.0
26289
D
Stock Options
5.7
2021-02-28
Common Stock
17913.0
17913
D
Stock Options
4.78
2020-05-18
Common Stock
17530.0
17530
D
Represents shares withheld on 03/09/2018 to cover option price and the tax liability associated with the exercise of stock options granted on 05/22/2013.
Stock Options grant pursuant to the Carriage Services, Inc. Amended and Restated 2006 Long-Term Incentive Plan which vested 1/3 on 05/22/2014, 1/3 on 05/22/2015 and 1/3 on 05/22/2016. These stock options expire on 05/22/2018. All 30,000 stock options were exercised on 03/09/2018.
Stock Options granted pursuant to the Carriage Services, Inc. 2017 Omnibus Plan which will vest 1/5 on 2/14/2019, 2/14/2020, 2/14/2021, 2/14/2022 and 2/14/2023. The options expire on 2/14/2028.
Represents performance-based awards, payable in shares, granted under the Carriage Services, Inc. 2017 Omnibus Incentive Plan. The award will vest (if at all) on December 31, 2022 provided that certain criteria surrounding Adjusted Consolidated EBITDA (Adjusted Earnings Before Interest Tax Depreciation and Amortization) and Adjusted Consolidated EBITDA Margin performance is achieved and the Reporting Person has remained continuously employed by Carriage through such date. The Adjusted Consolidated EBITDA performance represents 50% of the award and the Adjusted Consolidated EBITDA Margin performance represents 50% of the award.
Stock Options granted pursuant to the Carriage Services, Inc. Second Amended and Restated 2006 Long-Term Incentive Plan which will vest 1/5 each year on 3/21/2018, 3/21/2019, 3/21/2020, 3/21/2021 and 3/21/2022. These stock options expire on 3/21/2027.
Represents performance-based awards, payable in shares, granted under the Carriage Services, Inc. Second Amended and Restated 2006 Long-Term Incentive Plan. The award will vest (if at all) on December 31, 2021 provided that certain criteria surrounding Adjusted Consolidated EBITDA (Adjusted Earnings Before Interest Tax Depreciation and Amortization) and Adjusted Consolidated EBITDA Margin performance is achieved and the Reporting Person has remained continuously employed by Carriage through such date. The Adjusted Consolidated EBITDA performance represents 50% of the award and the Adjusted Consolidated EBITDA Margin performance represents 50% of the award.
Stock Option grant pursuant to the Carriage Services, Inc. Amended and Restated 2006 Long-Term Incentive Plan which vested 1/3 on 2/25/2015, 1/3 on 2/25/2016 and 1/3 on 2/25/2017. These stock options expire on 02/25/2019.
Represents performance-based awards, payable in shares, granted under the Carriage Services, Inc. Second Amended and Restated 2006 Long-Term Incentive Plan. The award will vest (if at all) on December 31, 2020 provided that certain criteria surrounding Adjusted Consolidated EBITDA (Adjusted Earnings Before Interest Tax Depreciation and Amortization) and Relative Shareholder Return performance is achieved and the Reporting Person has remained continuously employed by Carriage through such date. The Relative Shareholder Return performance represents 75% of the award and the Adjusted Consolidated EBITDA performance represents 25% of the award.
Stock Option grant pursuant to the Carriage Services, Inc. Amended and Restated 2006 Long-Term Incentive Plan which vested 1/3 on 2/24/2016, 1/3 on 2/24/2017 and 1/3 on 2/24/2018. These stock options expire on 02/24/2022.
Stock Options granted pursuant to the Carriage Services, Inc. Second Amended and Restated 2006 Long-Term Incentive Plan which vested 1/5 on 2/23/2017, 1/5 on 2/23/2018 and will vest 1/5 on 2/23/2019, 2/23/2020 and 2/23/2021. These stock options expire on 2/23/2026.
Stock Options grant pursuant to the Carriage Services, Inc. Amended and Restated 2006 Long-Term Incentive Plan which vested 1/3 on 03/05/2013, 1/3 on 03/05/2014 and 1/3 on 03/05/2015. These stock options expire on 03/05/2022.
Stock Options grant pursuant to the Carriage Services, Inc. Amended and Restated 2006 Long-Term Incentive Plan which vested 1/3 on 02/28/2012, 1/3 on 02/28/2013 and 1/3 on 02/28/2014. These stock options expire on 02/28/2021.
Stock Options granted pursuant to the Carriage Services, Inc. Amended and Restated 2006 Long-Term Incentive Plan which vested 1/3 on 05/18/2011, 1/3 on 5/18/2012 and 1/3 on 5/18/2013. These stock options expire on 5/18/2020.
/s/ Mark R. Bruce
2018-03-12