Rawson Haverty Jr. - 28 Feb 2022 Form 4 Insider Report for HAVERTY FURNITURE COMPANIES INC (HVT)

Role
Senior Vice President, Director, 10%+ Owner
Signature
Jenny H. Parker, Attorney-in-Fact
Issuer symbol
HVT
Transactions as of
28 Feb 2022
Net transactions value
-$24,177
Form type
4
Filing time
02 Mar 2022, 15:21:16 UTC
Previous filing
28 Jan 2022
Next filing
10 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 +1,656 +12% $0.000000 15,561 28 Feb 2022 Direct
transaction HVT Common Stock Tax liability $24,177 -851 -5.5% $28.41 14,710 28 Feb 2022 Direct
holding HVT Class A Common Stock 84,074 28 Feb 2022 Direct
holding HVT Class A Common Stock 65,140 28 Feb 2022 By H5-JRH, LLC
holding HVT Class A Common Stock 8,728 28 Feb 2022 Co-ttee Of Tr Fbo Daughter

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 -1,656 -100% $0.000000* 0 28 Feb 2022 Common Stock 1,656 Direct F1
holding HVT PRSUs 2020 7,693 28 Feb 2022 Common Stock 7,693 Direct F2
holding HVT PRSUs 2020.1 1,319 28 Feb 2022 Common Stock 1,319 Direct F3
holding HVT PRSUs 2021 5,236 28 Feb 2022 Common Stock 5,236 Direct F4
holding HVT PRSUs 2021.1 935 28 Feb 2022 Common Stock 935 Direct F5
holding HVT RSUs 2018 750 28 Feb 2022 Common Stock 750 Direct F6
holding HVT RSUs 2019 1,700 28 Feb 2022 Common Stock 1,700 Direct F7
holding HVT RSUs 2020 2,418 28 Feb 2022 Common Stock 2,418 Direct F8
holding HVT RSUs 2021 2,493 28 Feb 2022 Common Stock 2,493 Direct F9
holding HVT RSUs 2022 2,567 28 Feb 2022 Common Stock 2,567 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.