Richard B. Hare - 28 Feb 2022 Form 4 Insider Report for HAVERTY FURNITURE COMPANIES INC (HVT)

Role
Executive Vice President & CFO
Signature
Jenny H. Parker, Attorney-in-Fact
Issuer symbol
HVT
Transactions as of
28 Feb 2022
Net transactions value
-$43,524
Form type
4
Filing time
02 Mar 2022, 15:18:48 UTC
Previous filing
28 Jan 2022
Next filing
03 May 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 +3,024 +29% $0.000000 13,617 28 Feb 2022 Direct
transaction HVT Common Stock Tax liability $43,524 -1,532 -11% $28.41 12,085 28 Feb 2022 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 PRSUs 2019 Options Exercise $0 -3,024 -100% $0.000000* 0 28 Feb 2022 Common Stock 3,024 Direct F1
holding HVT PRSUs 2020 13,377 28 Feb 2022 Common Stock 13,377 Direct F2
holding HVT PRSUs 2020.1 2,293 28 Feb 2022 Common Stock 2,293 Direct F3
holding HVT PRSUs 2021 10,290 28 Feb 2022 Common Stock 10,290 Direct F4
holding HVT PRSUs 2021.1 1,838 28 Feb 2022 Common Stock 1,838 Direct F5
holding HVT RSUs 2018 847 28 Feb 2022 Common Stock 847 Direct F6
holding HVT RSUs 2019 1,995 28 Feb 2022 Common Stock 1,995 Direct F7
holding HVT RSUs 2020 2,703 28 Feb 2022 Common Stock 2,703 Direct F8
holding HVT RSUs 2021 3,150 28 Feb 2022 Common Stock 3,150 Direct F9
holding HVT RSUs 2022 3,520 28 Feb 2022 Common Stock 3,520 Direct F10
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 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.
F2 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.
F3 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.
F4 Performance Restricted Stock Units ("PRSUs") award granted 1/21/2021. 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, 2021 and will vest on February 28, 2024.
F5 Performance Restricted Stock Units ("PRSUs") award granted 1/21/2021. Each PRSU represents a contingent right to receive one share of HVT common stock and was earned based on consolidated sales for the year ended December 31, 2021 and will vest on February 28, 2024.
F6 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.
F7 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.
F8 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.
F9 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.
F10 Restricted Stock units granted 1/26/2022 and vest ratably over 3 years beginning 5/8/2023. Each RSU is equivalent to one share of common stock upon vesting.