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

Role
Executive Vice President & CFO
Signature
Jenny H. Parker, Attorney-in-Fact
Stock symbol
HVT
Transactions as of
Feb 28, 2022
Transactions value $
-$43,524
Form type
4
Date filed
3/2/2022, 03:18 PM
Previous filing
Jan 28, 2022
Next filing
May 3, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction HVT Common Stock Options Exercise $0 +3.02K +28.55% $0.00 13.6K Feb 28, 2022 Direct
transaction HVT Common Stock Tax liability -$43.5K -1.53K -11.25% $28.41 12.1K Feb 28, 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 -3.02K -100% $0.00* 0 Feb 28, 2022 Common Stock 3.02K Direct F1
holding HVT PRSUs 2020 13.4K Feb 28, 2022 Common Stock 13.4K Direct F2
holding HVT PRSUs 2020.1 2.29K Feb 28, 2022 Common Stock 2.29K Direct F3
holding HVT PRSUs 2021 10.3K Feb 28, 2022 Common Stock 10.3K Direct F4
holding HVT PRSUs 2021.1 1.84K Feb 28, 2022 Common Stock 1.84K Direct F5
holding HVT RSUs 2018 847 Feb 28, 2022 Common Stock 847 Direct F6
holding HVT RSUs 2019 2K Feb 28, 2022 Common Stock 2K Direct F7
holding HVT RSUs 2020 2.7K Feb 28, 2022 Common Stock 2.7K Direct F8
holding HVT RSUs 2021 3.15K Feb 28, 2022 Common Stock 3.15K Direct F9
holding HVT RSUs 2022 3.52K Feb 28, 2022 Common Stock 3.52K 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.