Clarence H. Smith - May 9, 2022 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 9, 2022
Transactions value $
-$62,448
Form type
4
Date filed
5/10/2022, 04:57 PM
Previous filing
Mar 2, 2022
Next filing
Jul 1, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction HVT Common Stock Options Exercise $0 +645 +2.35% $0.00 28.1K May 9, 2022 Direct
transaction HVT Common Stock Options Exercise $0 +725 +2.58% $0.00 28.8K May 9, 2022 Direct
transaction HVT Common Stock Options Exercise $0 +2.64K +9.16% $0.00 31.5K May 9, 2022 Direct
transaction HVT Common Stock Options Exercise $0 +2.27K +7.21% $0.00 33.7K May 9, 2022 Direct
transaction HVT Common Stock Tax liability -$77.5K -2.85K -8.45% $27.20 30.9K May 9, 2022 Direct
holding HVT Common Stock 7.85K May 9, 2022 By Georgia Limited Partnership
holding HVT Common Stock 29.7K May 9, 2022 By Spouse
holding HVT Class A Common Stock 112K May 9, 2022 Direct
holding HVT Class A Common Stock 1.95K May 9, 2022 By Spouse
holding HVT Class A Common Stock 603K May 9, 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 RSUs 2018 Options Exercise $0 -645 -100% $0.00* 0 May 9, 2022 Common Stock 645 Direct F1
transaction HVT RSUs 2019 Options Exercise $0 -725 -50% $0.00 725 May 9, 2022 Common Stock 725 Direct F2
transaction HVT RSUs 2020 Options Exercise $0 -2.64K -50% $0.00 2.64K May 9, 2022 Common Stock 2.64K Direct F3
transaction HVT RSUs 2021 Options Exercise $0 -2.27K -34% $0.00 4.4K May 9, 2022 Common Stock 2.27K Direct F4
transaction HVT Phantom Stock Award $15K +540 +10.8% $27.86 5.54K May 9, 2022 Common Stock 540 $0.00 Direct F5
holding HVT RSUs 2022 7.97K May 9, 2022 Common Stock 7.97K Direct F6
holding HVT PRSUs 2020 44.8K May 9, 2022 Common Stock 44.8K Direct F7
holding HVT PRSUs 2020.1 7.68K May 9, 2022 Common Stock 7.68K Direct F8
holding HVT PRSUs 2021 37.4K May 9, 2022 Common Stock 37.4K Direct F9
holding HVT PRSUs 2021.1 6.67K May 9, 2022 Common Stock 6.67K Direct F10
* 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 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.
F5 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.
F6 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.
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.
F9 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.
F10 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.