Kara A. Kelchner-Strong - Jan 12, 2022 Form 4 Insider Report for BASSETT FURNITURE INDUSTRIES INC (BSET)

Signature
/s/ Kara A. Kelchner-Strong
Stock symbol
BSET
Transactions as of
Jan 12, 2022
Transactions value $
$37,968
Form type
4
Date filed
1/14/2022, 04:06 PM
Next filing
Jan 13, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BSET Common Stock Award $38K +2.4K +123.08% $15.82 4.35K Jan 12, 2022 Direct F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Restricted stock granted under the 2021 Stock Incentive Plan which is a Rule 16b-3 plan; vests ratably over three years.
F2 Risk of forfeiture until vesting and subject to stock ownership guidelines.
F3 Price of Bassett Furniture Industries Stock at the close of business 01/12/2022.