0001016281-17-000115.txt : 20171215
0001016281-17-000115.hdr.sgml : 20171215
20171215171403
ACCESSION NUMBER: 0001016281-17-000115
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20171215
FILED AS OF DATE: 20171215
DATE AS OF CHANGE: 20171215
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Olaniyan Adeola
CENTRAL INDEX KEY: 0001696620
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-11961
FILM NUMBER: 171259762
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_151337602929539.xml
FORM 4
X0306
4
2017-12-15
0
0001016281
CARRIAGE SERVICES INC
CSV
0001696620
Olaniyan Adeola
3040 POST OAK BLVD.
SUITE 300
HOUSTON
TX
77056
0
0
0
1
Principal Accounting Officer
Common Stock
2017-12-15
4
S
0
340
26.28
D
2800
D
Stock Options
26.54
2027-03-21
Common Stock
5900.0
5900
D
Performance Award
2021-12-31
Common Stock
1320.0
1320
D
Stock Options
20.06
2026-02-23
Common Stock
3120.0
3120
D
Performance Award
2020-12-31
Common Stock
1200.0
1200
D
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 Options granted pursuant to the Carriage Services, Inc. Second Amended and Restated 2006 Long-Term Incentive Plan of 3,900 of which 780 vested on 2/23/2017 and were exercised on 3/13/2017, 780 shares will vest each year on 2/23/2018, 2/23/2019, 2/23/2020 and 2/23/2021. These stock options expire on 2/23/2026.
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.
/s/ Adeola Olaniyan
2017-12-15