Kelly Allen Fladger - 08 May 2021 Form 4 Insider Report for HAVERTY FURNITURE COMPANIES INC (HVT)

Role
SVP, Chief HR Officer
Signature
Jenny H. Parker, Attorney-in-Fact
Issuer symbol
HVT
Transactions as of
08 May 2021
Net transactions value
-$37,071
Form type
4
Filing time
11 May 2021, 16:28:32 UTC
Next filing
28 Jan 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction HVT Common Stock Options Exercise $0 +765 +75% $0.000000 1,783 08 May 2021 Direct
transaction HVT Common Stock Options Exercise $0 +675 +38% $0.000000 2,458 08 May 2021 Direct
transaction HVT Common Stock Options Exercise $0 +1,193 +49% $0.000000 3,651 08 May 2021 Direct
transaction HVT Common Stock Tax liability $37,071 -795 -22% $46.63 2,856 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 -765 -33% $0.000000 1,530 08 May 2021 Common Stock 765 Direct F1
transaction HVT RSUs 2019 Options Exercise $0 -675 -33% $0.000000 1,350 08 May 2021 Common Stock 675 Direct F1
transaction HVT RSUs 2020 Options Exercise $0 -1,193 -34% $0.000000 2,316 08 May 2021 Common Stock 1,193 Direct F2
holding HVT RSUs 2021 2,420 08 May 2021 Common Stock 2,420 Direct F3
holding HVT PRSUs 2019 1,491 08 May 2021 Common Stock 1,491 Direct F4
holding HVT PRSUs 2020 7,369 08 May 2021 Common Stock 7,369 Direct F5
holding HVT PRSUs 2020.1 1,264 08 May 2021 Common Stock 1,264 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 5/1/2019 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.