Erik D. Gast - Apr 24, 2023 Form 4 Insider Report for SHOE CARNIVAL INC (SCVL)

Signature
Erik D. Gast
Stock symbol
SCVL
Transactions as of
Apr 24, 2023
Transactions value $
$0
Form type
4
Date filed
4/26/2023, 04:10 PM

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SCVL Common Stock Award $0 +6.29K $0.00 6.29K Apr 24, 2023 Direct F1
transaction SCVL Common Stock Award $0 +25K +397.71% $0.00 31.3K Apr 24, 2023 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Issued as restricted stock units, which represent the contingent right to receive an equivalent number of shares of common stock of Shoe Carnival, Inc. (the "Company"). One-third of these restricted stock units will vest on March 31, 2025 and the remaining two-thirds will vest on March 31, 2026, subject to the reporting person's continuous service with the Company through such dates.
F2 Issued as restricted stock units, which represent the contingent right to receive an equivalent number of shares of common stock of the Company. The restricted sock units will vest such that 10,000 of these units will vest on April 24, 2027 and the remaining 15,000 units will vest on April 24, 2028, subject to the reporting person's continuous service with the Company through such dates.