CLARENCE H. SMITH - 28 Feb 2022 Form 4 Insider Report for HAVERTY FURNITURE COMPANIES INC (HVT)

Role
Chairman & CEO, Director
Signature
Jenny H. Parker, Attorney-in-Fact
Issuer symbol
HVT
Transactions as of
28 Feb 2022
Net transactions value
-$173,131
Form type
4
Filing time
02 Mar 2022, 15:27:31 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 +8,477 +34% $0.000000 33,543 28 Feb 2022 Direct
transaction HVT Common Stock Tax liability $173,131 -6,094 -18% $28.41 27,449 28 Feb 2022 Direct
holding HVT Common Stock 29,689 28 Feb 2022 By Spouse
holding HVT Common Stock 7,850 28 Feb 2022 By Georgia Limited Partnership
holding HVT Class A Common Stock 112,036 28 Feb 2022 Direct
holding HVT Class A Common Stock 1,950 28 Feb 2022 By Spouse
holding HVT Class A Common Stock 603,497 28 Feb 2022 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 PRSUs 2019 Options Exercise $0 -8,477 -100% $0.000000* 0 28 Feb 2022 Common Stock 8,477 Direct F1
holding HVT PRSUs 2020 44,800 28 Feb 2022 Common Stock 44,800 Direct F2
holding HVT PRSUs 2020.1 7,680 28 Feb 2022 Common Stock 7,680 Direct F3
holding HVT PRSUs 2021 37,352 28 Feb 2022 Common Stock 37,352 Direct F4
holding HVT PRSUs 2021.1 6,670 28 Feb 2022 Common Stock 6,670 Direct F5
holding HVT RSUs 2018 645 28 Feb 2022 Common Stock 645 Direct F6
holding HVT RSUs 2019 1,450 28 Feb 2022 Common Stock 1,450 Direct F7
holding HVT RSUs 2020 5,280 28 Feb 2022 Common Stock 5,280 Direct F8
holding HVT RSUs 2021 6,670 28 Feb 2022 Common Stock 6,670 Direct F9
holding HVT RSUs 2022 7,973 28 Feb 2022 Common Stock 7,973 Direct F10
holding HVT Phantom Stock 5,001 28 Feb 2022 Common Stock 5,001 $0.000000 Direct F11
* 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.
F11 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.