Clarence H. Smith - May 8, 2021 Form 4 Insider Report for HAVERTY FURNITURE COMPANIES INC (HVT)

Role
Chairman & CEO, Director
Signature
Jenny H. Parker, Attorney-in-Fact
Stock symbol
HVT
Transactions as of
May 8, 2021
Transactions value $
-$73,396
Form type
4
Date filed
5/11/2021, 04:40 PM
Next filing
Jul 1, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction HVT Common Stock Options Exercise $0 +645 +2.59% $0.00 25.5K May 8, 2021 Direct
transaction HVT Common Stock Options Exercise $0 +725 +2.84% $0.00 26.3K May 8, 2021 Direct
transaction HVT Common Stock Options Exercise $0 +2.72K +10.35% $0.00 29K May 8, 2021 Direct
transaction HVT Common Stock Tax liability -$86.5K -1.86K -6.4% $46.63 27.1K May 8, 2021 Direct
holding HVT Common Stock 29.7K May 8, 2021 By Spouse
holding HVT Common Stock 7.85K May 8, 2021 By Georgia Limited Partnership
holding HVT Class A Common Stock 112K May 8, 2021 Direct
holding HVT Class A Common Stock 1.95K May 8, 2021 By Spouse
holding HVT Class A Common Stock 603K May 8, 2021 By Villa Clare, LP

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 2018 Options Exercise $0 -645 -50% $0.00 645 May 8, 2021 Common Stock 645 Direct F1
transaction HVT RSUs 2019 Options Exercise $0 -725 -33.33% $0.00 1.45K May 8, 2021 Common Stock 725 Direct F2
transaction HVT RSUs 2020 Options Exercise $0 -2.72K -34% $0.00 5.28K May 8, 2021 Common Stock 2.72K Direct F3
transaction HVT Phantom Stock Award $13.1K +282 +5.98% $46.63 5K May 10, 2021 Common Stock 282 $0.00 Direct F4
holding HVT RSUs 2021 6.67K May 8, 2021 Common Stock 6.67K Direct F5
holding HVT PRSUs 2019 8.48K May 8, 2021 Common Stock 8.48K Direct F6
holding HVT PRSUs 2020 44.8K May 8, 2021 Common Stock 44.8K Direct F7
holding HVT PRSUs 2020.1 7.68K May 8, 2021 Common Stock 7.68K 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 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.
F2 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.
F3 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.
F4 Deferred under Directors' Deferred Compensation Plan. Settlement will occur upon the earlier to occur of (i) termination of service on the Board of Directors, or (ii) death.
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.