Rawson Haverty Jr - Sep 6, 2022 Form 4 Insider Report for HAVERTY FURNITURE COMPANIES INC (HVT)

Role
Senior Vice President, Director, 10%+ Owner
Signature
Belinda J. Clements, Attorney-in-Fact
Stock symbol
HVT
Transactions as of
Sep 6, 2022
Transactions value $
-$683,404
Form type
4
Date filed
11/23/2022, 03:17 PM
Previous filing
Aug 12, 2022
Next filing
May 10, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding HVT Class A Common Stock 84.1K Sep 6, 2022 Direct
holding HVT Class A Common Stock 65.1K Sep 6, 2022 By H5-JRH, LLC
holding HVT Class A Common Stock 8.73K Sep 6, 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 RSUs 2022 Other -$2.26K -88 -3.43% $25.64 2.48K Sep 6, 2022 Common Stock 88 Direct F1, F2
transaction HVT RSUs 2022 Disposed to Issuer -$79K -2.48K -100% $31.88 0 Nov 21, 2022 Common Stock 2.48K Direct F1, F3
transaction HVT RSUs 2021 Disposed to Issuer -$52.4K -1.65K -100% $31.88 0 Nov 21, 2022 Common Stock 1.65K Direct F3, F4
transaction HVT PRSUs 2021.1 Disposed to Issuer -$29.8K -935 -100% $31.88 0 Nov 21, 2022 Common Stock 935 Direct F3, F5
transaction HVT PRSUs 2021 Disposed to Issuer -$167K -5.24K -100% $31.88 0 Nov 21, 2022 Common Stock 5.24K Direct F3, F6
transaction HVT RSUs 2020 Disposed to Issuer -$38.5K -1.21K -100% $31.88 0 Nov 21, 2022 Common Stock 1.21K Direct F3, F7
transaction HVT PRSUs 2020.1 Disposed to Issuer -$42K -1.32K -100% $31.88 0 Nov 21, 2022 Common Stock 1.32K Direct F3, F8
transaction HVT PRSUs 2020 Disposed to Issuer -$245K -7.69K -100% $31.88 0 Nov 21, 2022 Common Stock 7.69K Direct F3, F9
transaction HVT RSUs 2019 Disposed to Issuer -$27.1K -850 -100% $31.88 0 Nov 21, 2022 Common Stock 850 Direct F3, F10
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 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.
F2 These shares were withheld for payment of tax liabilities.
F3 This cancellation for value is being done in connection with Mr. Haverty's pending retirement as an officer. He will remain on the board of directors.
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 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 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.
F7 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.
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 1/23/2020. 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.
F10 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.