<SEC-DOCUMENT>0001016281-20-000119.txt : 20200526
<SEC-HEADER>0001016281-20-000119.hdr.sgml : 20200526
<ACCEPTANCE-DATETIME>20200526194702
ACCESSION NUMBER:		0001016281-20-000119
CONFORMED SUBMISSION TYPE:	4
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20200519
FILED AS OF DATE:		20200526
DATE AS OF CHANGE:		20200526

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:		20912434

	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
</SEC-HEADER>
<DOCUMENT>
<TYPE>4
<SEQUENCE>1
<FILENAME>wf-form4_159053680466540.xml
<DESCRIPTION>FORM 4
<TEXT>
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    <periodOfReport>2020-05-19</periodOfReport>

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    <issuer>
        <issuerCik>0001016281</issuerCik>
        <issuerName>CARRIAGE SERVICES INC</issuerName>
        <issuerTradingSymbol>CSV</issuerTradingSymbol>
    </issuer>

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            <rptOwnerCik>0001024177</rptOwnerCik>
            <rptOwnerName>PAYNE MELVIN C</rptOwnerName>
        </reportingOwnerId>
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            <rptOwnerStreet1>3040 POST OAK BLVD</rptOwnerStreet1>
            <rptOwnerStreet2>SUITE 300</rptOwnerStreet2>
            <rptOwnerCity>HOUSTON</rptOwnerCity>
            <rptOwnerState>TX</rptOwnerState>
            <rptOwnerZipCode>77056</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
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        <reportingOwnerRelationship>
            <isDirector>1</isDirector>
            <isOfficer>1</isOfficer>
            <isTenPercentOwner>0</isTenPercentOwner>
            <isOther>0</isOther>
            <officerTitle>CEO</officerTitle>
            <otherText></otherText>
        </reportingOwnerRelationship>
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    <nonDerivativeTable>
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                <value>Common Stock</value>
            </securityTitle>
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                </sharesOwnedFollowingTransaction>
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            <ownershipNature>
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                    <value>I</value>
                </directOrIndirectOwnership>
                <natureOfOwnership>
                    <value>Melvin C. Payne, Jr. 2016 Annuity Trust</value>
                </natureOfOwnership>
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                <transactionShares>
                    <value>100000</value>
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                <transactionPricePerShare>
                    <value>0</value>
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                <transactionAcquiredDisposedCode>
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                <value>2023-12-31</value>
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            <securityTitle>
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            <expirationDate>
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            </expirationDate>
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                <sharesOwnedFollowingTransaction>
                    <value>50000</value>
                </sharesOwnedFollowingTransaction>
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            </expirationDate>
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                <underlyingSecurityShares>
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            <postTransactionAmounts>
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                <value>2026-02-23</value>
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                <value>22.58</value>
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                <value>2022-02-24</value>
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                    <value>D</value>
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                <value>5.7</value>
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            <exerciseDate>
                <footnoteId id="F8"/>
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            <expirationDate>
                <value>2021-02-28</value>
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            <underlyingSecurity>
                <underlyingSecurityTitle>
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    <footnotes>
        <footnote id="F1">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.</footnote>
        <footnote id="F2">Represents performance awards originally granted on February 19, 2020 and canceled by mutual agreement of the reporting person and the Issuer on May 19, 2020.</footnote>
        <footnote id="F3">Represents performance awards originally granted on February 20, 2019 and canceled by mutual agreement of the reporting person and the Issuer on May 19, 2020.</footnote>
        <footnote id="F4">Stock Options granted pursuant to the Carriage Services, Inc. 2017 Omnibus Plan which 1/5 vested on 2/14/2019 and 2/14/2020 and 1/5 will vest each year on 2/14/2021, 2/14/2022 and 2/14/2023. The options expire on 2/14/2028.</footnote>
        <footnote id="F5">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, 3/21/2019 and 3/21/2020 and 1/5 will vest each year on 3/21/2021 and 3/21/2022. These stock options expire on 3/21/2027.</footnote>
        <footnote id="F6">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, 2/23/2018, 2/23/2019 and 2/23/2020 and will vest 1/5 on 2/23/2021. These stock options expire on 2/23/2026.</footnote>
        <footnote id="F7">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. These stock options expire on 2/24/2022.</footnote>
        <footnote id="F8">Stock Options granted pursuant to the Carriage Services, Inc. Second Amended and Restated 2006 Long-Term Incentive Plan of 44,702 options granted on 02/28/2011, of which 14,900 options vested on 02/28/2012 and 3,283 were exercised on 12/20/2012, 14,901 options vested on 02/28/2013 and 14,000 were exercised on 11/06/2015 and 24,135 options were exercised on 03/29/2016. These stock options expire on 02/28/2021.</footnote>
    </footnotes>

    <remarks></remarks>

    <ownerSignature>
        <signatureName>/s/ Melvin C. Payne</signatureName>
        <signatureDate>2020-05-26</signatureDate>
    </ownerSignature>
</ownershipDocument>
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</DOCUMENT>
</SEC-DOCUMENT>
