Helen Berry Bautista - 08 May 2021 Form 4 Insider Report for HAVERTY FURNITURE COMPANIES INC (HVT)

Signature
Jenny H. Parker, Attorney-in-Fact
Issuer symbol
HVT
Transactions as of
08 May 2021
Net transactions value
-$20,471
Form type
4
Filing time
11 May 2021, 16:20:39 UTC
Previous filing
02 Mar 2022
Next filing
28 Jan 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction HVT Common Stock Options Exercise $0 +290 +58% $0.000000 789 08 May 2021 Direct
transaction HVT Common Stock Options Exercise $0 +484 +61% $0.000000 1,273 08 May 2021 Direct
transaction HVT Common Stock Options Exercise $0 +680 +53% $0.000000 1,953 08 May 2021 Direct
transaction HVT Common Stock Tax liability $20,471 -439 -22% $46.63 1,514 08 May 2021 Direct

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction HVT RSUs 2019.1 Options Exercise $0 -290 -33% $0.000000 581 08 May 2021 Common Stock 290 Direct F1
transaction HVT RSUs 2019 Options Exercise $0 -484 -33% $0.000000 968 08 May 2021 Common Stock 484 Direct F1
transaction HVT RSUs 2020 Options Exercise $0 -680 -34% $0.000000 1,320 08 May 2021 Common Stock 680 Direct F2
holding HVT RSUs 2021 1,833 08 May 2021 Common Stock 1,833 Direct F3
holding HVT PRSUs 2019 497 08 May 2021 Common Stock 497 Direct F4
holding HVT PRSUs 2020 4,200 08 May 2021 Common Stock 4,200 Direct F5
holding HVT PRSUs 2020.1 720 08 May 2021 Common Stock 720 Direct F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Restricted Stock Units ("RSUs") award granted 8/5/2019 under the 2014 Long-Term Incentive Plan. RSUs vest ratably over 4 years, beginning 5/8/2020. Each RSU is equivalent to one share of common stock upon vesting.
F2 Restricted Stock Units granted 1/23/2020 and vest ratably over 3 years beginning 5/8/2021. Each RSU is equivalent to one share of common stock upon vesting.
F3 Restricted Stock Units granted 1/21/2021 and vest ratably over 3 years beginning 5/8/2022. Each RSU is equivalent to one share of common stock upon vesting.
F4 Performance Restricted Stock Units ("PRSUs") award granted 1/31/2019. Each PRSU represents a contingent right to receive one share of HVT common stock and was earned based on EBITDA for the year ended December 31, 2019 and will vest on February 28, 2022.
F5 Performance Restricted Stock Units ("PRSUs") award granted 1/23/2020. Each PRSU represents a contingent right to receive one share of HVT common stock and was earned based on EBITDA for the year ended December 31, 2020 and will vest on February 28, 2023.
F6 Performance Restricted Stock Units ("PRSUs") award granted 1/23/2020. Each PRSU represents a contingent right to receive one share of HVT common stock and was earned based on comparable store sales for the year ended December 31, 2020 and will vest on February 28, 2023.