0001016281-21-000205.txt : 20211201
0001016281-21-000205.hdr.sgml : 20211201
20211201164013
ACCESSION NUMBER: 0001016281-21-000205
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20211129
FILED AS OF DATE: 20211201
DATE AS OF CHANGE: 20211201
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: PAYNE MELVIN C
CENTRAL INDEX KEY: 0001024177
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-11961
FILM NUMBER: 211463517
MAIL ADDRESS:
STREET 1: 3040 POST OAK BLVD
STREET 2: SUITE 300
CITY: HOUSTON
STATE: TX
ZIP: 77056
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_163839479890609.xml
FORM 4
X0306
4
2021-11-29
0
0001016281
CARRIAGE SERVICES INC
CSV
0001024177
PAYNE MELVIN C
3040 POST OAK BLVD
SUITE 300
HOUSTON
TX
77056
1
1
0
0
CEO
Common Stock
2021-11-29
4
G
0
1100
53.86
D
1255119
D
Common Stock
2021-11-30
4
G
0
3075
51.74
D
1252044
D
Common Stock
2021-11-30
4
M
0
81000
22.58
A
1333044
D
Common Stock
2021-11-30
4
F
0
54227
51.74
D
1278817
D
Common Stock
2021-11-30
4
S
0
26500
51.33
D
1252317
D
Common Stock
2021-12-01
4
S
0
273
52.63
D
1252044
D
Common Stock
2021-12-01
4
G
0
1000
52.09
D
1251044
D
Common Stock
4164
I
Melvin C. Payne, Jr. 2016 Annuity Trust
Common Stock
4164
I
Karen P. Payne 2016 Annuity Trust
Common Stock
24354
I
Spouse
Stock Options
22.58
2021-11-30
4
M
0
81000
22.58
D
2022-02-24
Common Stock
81000.0
0
D
Stock Options
2031-02-17
Common Stock
150000.0
150000
D
Stock Options
34.79
2031-02-17
Common Stock
150000.0
150000
D
Performance Award
2024-12-31
Common Stock
55897.0
55897
D
Stock Options
25.43
2028-02-14
Common Stock
50000.0
50000
D
Stock Options
26.54
2027-03-21
Common Stock
116100.0
116100
D
Stock Options
20.06
2026-02-23
Common Stock
54545.0
54545
D
Represents shares withheld on 11/30/2021 to cover the option price and taxes associated with the exercise of stock options.
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $50.88 to $51.79, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, on request, full information regarding the number of shares sold at each separate price.
Stock Options granted pursuant to the Carriage Services, Inc. Second 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. 81,000 options were exercised on 11/30/2021. These stock options expire on 2/24/2022.
Stock Options granted on 2/17/2021 pursuant to the Carriage Services, Inc. 2017 Omnibus Incentive Plan. 50,000 stock options would immediately vest upon the stock reaching a price of $55.39 per share and 100,000 stock options would immediately vest upon the stock reaching a price of $77.34 per share, as long as each price is reached for three consecutive trading days during the next 7 year period. These options expire on 2/17/2028.
Stock Options granted on 2/17/2021 pursuant to the Carriage Services, Inc. 2017 Omnibus Incentive Plan that will vest in equal 20% increments each year over the next five years. These options expire on 2/17/2031.
Represents performance awards, payable in shares on December 31, 2024 granted under the Carriage Services, Inc. 2017 Omnibus Incentive Plan. The award will vest (if at all) on December 31, 2024 provided that the Company's common stock reaches one of five pre-determined growth targets for a sustained period beginning on the grant date of May 19, 2020 and ending on December 31, 2024.
Stock Options granted pursuant to the Carriage Services, Inc. 2017 Omnibus Plan which vested 1/5 on 2/14/2019, 1/5 on 2/14/2020, 1/5 on 2/14/2021 and 1/5 will vest on 2/14/2022 and 2/14/2023. The options expire on 2/14/2028.
Stock Options granted pursuant to the Carriage Services, Inc. Second Amended and Restated 2006 Long-Term Incentive Plan which vested 1/5 on 3/21/2018, 1/5 on 3/21/2019, 1/5 on 3/21/2020, 1/5 on 3/21/2021 and 1/5 will vest on 3/21/2022. These stock options expire on 3/21/2027.
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, 1/5 on 2/23/2019, 1/5 on 2/23/2020 and 1/5 on 2/23/2021. These stock options expire on 2/23/2026.
/s/ Melvin C. Payne
2021-12-01