-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, Uw2cl8ctPjPReF/kDYqWSvb1xtgi3AOTl7bz/YEpiBsNhM92lFqQcusaU6ydaOTL CeuOdsbbp4kPmphCzbmlUA== 0000010329-02-000028.txt : 20021127 0000010329-02-000028.hdr.sgml : 20021127 20021127120949 ACCESSION NUMBER: 0000010329-02-000028 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20021126 FILED AS OF DATE: 20021127 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: BASSETT FURNITURE INDUSTRIES INC CENTRAL INDEX KEY: 0000010329 STANDARD INDUSTRIAL CLASSIFICATION: WOOD HOUSEHOLD FURNITURE, (NO UPHOLSTERED) [2511] IRS NUMBER: 540135270 STATE OF INCORPORATION: VA FISCAL YEAR END: 1130 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 000-00209 FILM NUMBER: 02842611 BUSINESS ADDRESS: STREET 1: PO BOX 626 CITY: BASSETT STATE: VA ZIP: 24055 BUSINESS PHONE: 5406296209 MAIL ADDRESS: STREET 1: MAIN ST STREET 2: P O BOX 626 CITY: BASSETT STATE: VA ZIP: 24055 REPORTING-OWNER: COMPANY DATA: COMPANY CONFORMED NAME: SPILMAN ROBERT H JR CENTRAL INDEX KEY: 0001017081 RELATIONSHIP: DIRECTOR FILING VALUES: FORM TYPE: 4 BUSINESS ADDRESS: STREET 1: C/O BASSETT FURNITURE INDUSTRIES INC STREET 2: PO BOX 626 CITY: BASSETT STATE: VA ZIP: 24055 BUSINESS PHONE: 5406296000 MAIL ADDRESS: STREET 1: C/O BASSETT FURNITURE INDUSTRIES INC STREET 2: PO BOX 626 CITY: BASSETT STATE: VA ZIP: 24055 4 1 edgar.txt FORM 4 - NOVEMBER 26, 2002 UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 4 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP ( ) Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instructions 1(b). 1. Name and Address of Reporting Person SPILMAN, JR, ROBERT H BASSETT FURNITURE INDUSTRIES INC P O BOX 626 245 MAIN STREET BASSETT, VA 24055 USA 2. Issuer Name and Ticker or Trading Symbol BASSETT FURNITURE INDUSTRIES INC BSET 3. IRS or Social Security Number of Reporting Person (Voluntary) 4. Statement for Month/Year November 26, 2002 5. If Amendment, Date of Original (Month/Year) 6. Relationship of Reporting Person(s) to Issuer (Check all applicable) (X) Director ( ) 10% Owner (X) Officer (give title below) ( ) Other (specify below) CHIEF EXECUTIVE OFFICER & PRESIDENT 7. Individual or Joint/Group Filing (Check Applicable Line) (X) Form filed by One Reporting Person ( ) Form filed by More than One Reporting Person
___________________________________________________________________________________________________________________________________ Table I -- Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned | ___________________________________________________________________________________________________________________________________| 1. Title of Security |2. |3. |4.Securities Acquired (A) |5.Amount of |6.Dir |7.Nature of Indirect | | Transaction | or Disposed of (D) | Securities |ect | Beneficial Ownership | | | | | Beneficially |(D)or | | | | | | | A/| | Owned at |Indir | | | Date |Code|V| Amount | D | Price | End of Month |ect(I)| | ___________________________________________________________________________________________________________________________________| COMMON STOCK | | | | | | |35,738.086* |D | | - -----------------------------------------------------------------------------------------------------------------------------------| | | | | | | |12,171 |I |WIFE | - -----------------------------------------------------------------------------------------------------------------------------------| | | | | | | |8,942 |I |MARTHA-CHILD | - -----------------------------------------------------------------------------------------------------------------------------------| | | | | | | |8,129 |I |VA-CHILD | - -----------------------------------------------------------------------------------------------------------------------------------| | | | | | | |4,821 |I |ROB-CHILD | - -----------------------------------------------------------------------------------------------------------------------------------| | | | | | | |13,962 |I |TRUST | - -----------------------------------------------------------------------------------------------------------------------------------| *INCLUDES 719.086 SHARES AC| | | | | | | | | | QUIRED UNDER THE 2000 EMPLO| | | | | | | | | | YEE | | | | | | | | | | - -----------------------------------------------------------------------------------------------------------------------------------| STOCK PURCHASE PLAN IN TRAN| | | | | | | | | | SACTIONS EXEMPT UNDER RULE | | | | | | | | | | - -----------------------------------------------------------------------------------------------------------------------------------| 16b-3(c). | | | | | | | | | | - -----------------------------------------------------------------------------------------------------------------------------------| ___________________________________________________________________________________________________________________________________| ___________________________________________________________________________________________________________________________________ Table II -- Derivative Securitites Acquired, Disposed of, or Beneficially Owned | ___________________________________________________________________________________________________________________________________| 1.Title of Derivative |2.Con- |3. |4. |5.Number of De |6.Date Exer|7.Title and Amount |8.Price|9.Number |10.|11.Nature of| Security |version |Transaction | rivative Secu |cisable and| of Underlying |of Deri|of Deriva |Dir|Indirect | |or Exer | | | rities Acqui |Expiration | Securities |vative |tive |ect|Beneficial | |cise | | | red(A) or Dis |Date(Month/| |Secu |Securities |(D)|Ownership | |Price of| | | posed of(D) |Day/Year) | |rity |Benefi |or | | |Deriva- | | | |Date |Expir| | |ficially |Ind| | |tive | | | | A/|Exer-|ation| Title and Number | |Owned at |ire| | |Secu- | | | | | D |cisa-|Date | of Shares | |End of |ct | | |rity |Date |Code|V| Amount | |ble | | | |Month |(I)| | ___________________________________________________________________________________________________________________________________| *OPTION (RIGHT TO BUY)|28.00 | | | | | |3-02-|8-31-|COMMON |1,785 | |4,463 |D | | | | | | | | |93 |2002 | | | | | | | - -----------------------------------------------------------------------------------------------------------------------------------| | | | | | | |1994 |" |" |2,678 | | | | | - -----------------------------------------------------------------------------------------------------------------------------------| *OPTION (RIGHT TO BUY)|37.40 | | | | | |1994 |1-25-|COMMON |667 | |6,250 |D | | | | | | | | | |2003 | | | | | | | - -----------------------------------------------------------------------------------------------------------------------------------| | | | | | | |1995 |" |" |2,673 | | | | | - -----------------------------------------------------------------------------------------------------------------------------------| | | | | | | |1996 |" |" |2,673 | | | | | - -----------------------------------------------------------------------------------------------------------------------------------| | | | | | | |1997 |" |" |237 | | | | | - -----------------------------------------------------------------------------------------------------------------------------------| **OPTION (RIGHT TO BUY|26.25 | | | | | |1-01-|5-04-|COMMON |2,000 | |2,000 |D | | ) | | | | | | |97 |2004 | | | | | | | - -----------------------------------------------------------------------------------------------------------------------------------| **OPTION (RIGHT TO BUY|22.625 | | | | | |**** |5-06-|COMMON |**** | |80,000 |D | | ) | | | | | | | |2002 | | | | | | | - -----------------------------------------------------------------------------------------------------------------------------------| | | | | | | |*****|" |" |***** | | | | | - -----------------------------------------------------------------------------------------------------------------------------------| *****OPTION (RIGHT TO |32.25 | | | | | |11-07|3-23-|COMMON |40,000 | |40,000 |D | | BUY) | | | | | | |-00 |08 | | | | | | | - -----------------------------------------------------------------------------------------------------------------------------------| ******OPTION (RIGHT TO|14.875 | | | | | |1-18-|1-17-|COMMON |25,556 | |76,668 |D | | BUY) | | | | | | |01 |10 | | | | | | | - -----------------------------------------------------------------------------------------------------------------------------------| ******OPTION (RIGHT TO|14.875 | | | | | |1-18-|1-17-|COMMON |25,556 | | | | | BUY) | | | | | | |02 |10 | | | | | | | - -----------------------------------------------------------------------------------------------------------------------------------| ******OPTION (RIGHT TO|14.875 | | | | | |1-18-|1-17-|COMMON |25,556 | | | | | BUY) | | | | | | |03 |10 | | | | | | | - -----------------------------------------------------------------------------------------------------------------------------------| *****OPTION (RIGHT TO |14.70 |1-15-|A |V|30,000 |A |1-15-|1-14-|COMMON |10,000 | |30,000 |D | | BUY) | |02 | | | | |03 |12 | | | | | | | - -----------------------------------------------------------------------------------------------------------------------------------| | | | | | | |1-15-|1-14-|COMMON |10,000 | | | | | | | | | | | |04 |12 | | | | | | | - -----------------------------------------------------------------------------------------------------------------------------------| | | | | | | |1-15-|1-14-|COMMON |10,000 | | | | | | | | | | | |05 |12 | | | | | | | - -----------------------------------------------------------------------------------------------------------------------------------| | | | | | | | | | | | | | | | ___________________________________________________________________________________________________________________________________|
Explanation of Responses: *GRANTED UNDER THE 1982 STOCK OPTION PLAN WHIXH IS A RULE 16b-3 PLAN. **GRANTED UNDER THE 1993 LONG TERM INCENTIVE PLAN WHICH IS A RULE 16b-3 PLAN. ***AMENDED AND RESTATED ON 11-07-97; AMENDING AGREEMENT DATED 5-06-97. ****40,000 SHARES AT LEAST 6 MONTHS AFTER 5-06-97 AND WHEN THE PRICE OF THE STOCK EQUALS OR EXCEEDS $29.00 PER SHARE. *****40,000 SHARES VESTED WITH SALE RESTRICTION UNTIL 5-06-2002 OR EARLIER, WHEN THE PRICE OF THE STOCK EQUALS OR EXCEEDS $37.00 PER SHARE FOR 10 CONSECUTIVE DAYS. ******GRANTED UNDER THE 1997 EMPLOYEE STOCK PLAN. *****GRANTED UNDER THE 1997 EMPLOYEE STOCK PLAN WHICH IS A RULE 16b-3 PLAN. SIGNATURE OF REPORTING PERSON ROBERT H SPILMAN JR DATE NOVEMBER 26, 2002 -----END PRIVACY-ENHANCED MESSAGE-----