Richard B. Hare - 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
-$91,814
Form type
4
Filing time
11 May 2021, 16:32:48 UTC
Previous filing
07 May 2021
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 +1,099 +13% $0.000000 9,325 08 May 2021 Direct
transaction HVT Common Stock Options Exercise $0 +848 +9.1% $0.000000 10,173 08 May 2021 Direct
transaction HVT Common Stock Options Exercise $0 +997 +9.8% $0.000000 11,170 08 May 2021 Direct
transaction HVT Common Stock Options Exercise $0 +1,392 +12% $0.000000 12,562 08 May 2021 Direct
transaction HVT Common Stock Tax liability $91,814 -1,969 -16% $46.63 10,593 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 2017 Options Exercise $0 -1,099 -100% $0.000000* 0 08 May 2021 Common Stock 1,099 Direct F1
transaction HVT RSUs 2018 Options Exercise $0 -848 -50% $0.000000 847 08 May 2021 Common Stock 848 Direct F2
transaction HVT RSUs 2019 Options Exercise $0 -997 -33% $0.000000 1,995 08 May 2021 Common Stock 997 Direct F3
transaction HVT RSUs 2020 Options Exercise $0 -1,392 -34% $0.000000 2,703 08 May 2021 Common Stock 1,392 Direct F4
holding HVT RSUs 2021 3,150 08 May 2021 Common Stock 3,150 Direct F5
holding HVT PRSUs 2019 3,024 08 May 2021 Common Stock 3,024 Direct F6
holding HVT PRSUs 2020 13,377 08 May 2021 Common Stock 13,377 Direct F7
holding HVT PRSUs 2020.1 2,293 08 May 2021 Common Stock 2,293 Direct F8
* 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 5/4/2017 under the 2014 Long-Term Incentive Plan. RSUs vest ratably over 4 years, beginning 5/8/2018. Each RSU is equivalent to one share of common stock upon vesting.
F2 Restricted Stock Units ("RSUs") award granted 1/30/2018 under the 2014 Long-Term Incentive Plan. RSUs vest ratably over 4 years, beginning 5/8/2019. Each RSU is equivalent to one share of common stock upon vesting.
F3 Restricted Stock Units ("RSUs") award granted 1/31/2019 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.
F4 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.
F5 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.
F6 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.
F7 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.
F8 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.