Steven G. Burdette - Feb 24, 2023 Form 4 Insider Report for HAVERTY FURNITURE COMPANIES INC (HVT)

Role
President
Signature
Jenny H. Parker, Attorney-in-Fact
Stock symbol
HVT
Transactions as of
Feb 24, 2023
Transactions value $
-$268,218
Form type
4
Date filed
2/28/2023, 05:17 PM
Previous filing
Jan 30, 2023
Next filing
Mar 7, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction HVT Common Stock Options Exercise $0 +13.4K +155.96% $0.00 22K Feb 28, 2023 Direct
transaction HVT Common Stock Options Exercise $0 +2.29K +10.44% $0.00 24.2K Feb 28, 2023 Direct
transaction HVT Common Stock Tax liability -$268K -7.11K -29.31% $37.74 17.1K Feb 28, 2023 Direct
holding HVT Class A Common Stock 28.5K Feb 24, 2023 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 2022 Award $0 +7.79K $0.00 7.79K Feb 24, 2023 Common Stock 7.79K Direct F1
transaction HVT PRSUs.1 2022 Award $0 +1.9K $0.00 1.9K Feb 24, 2023 Common Stock 1.9K Direct F2
transaction HVT PRSUs 2020 Options Exercise $0 -13.4K -100% $0.00* 0 Feb 28, 2023 Common Stock 13.4K Direct F3
transaction HVT PRSUs 2020.1 Options Exercise $0 -2.29K -100% $0.00* 0 Feb 28, 2023 Common Stock 2.29K Direct F4
holding HVT PRSUs 2021 9.85K Feb 24, 2023 Common Stock 9.85K Direct F5
holding HVT PRSUs 2021.1 1.76K Feb 24, 2023 Common Stock 1.76K Direct F6
holding HVT RSUs 2023 4.28K Feb 24, 2023 Common Stock 4.28K Direct F7
holding HVT RSUs 2022 4K Feb 24, 2023 Common Stock 4K Direct F8
holding HVT RSUs 2021 1.99K Feb 24, 2023 Common Stock 1.99K Direct F9
holding HVT RSUs 2021.1 3.3K Feb 24, 2023 Common Stock 3.3K Direct F10
holding HVT RSUs 2020 1.35K Feb 24, 2023 Common Stock 1.35K Direct F11
holding HVT RSUs 2019 997 Feb 24, 2023 Common Stock 997 Direct F12
* 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 1/26/2022. 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, 2022, and will vest on February 28, 2025.
F2 Performance Restricted Stock Units ("PRSUs") award granted 1/26/2022. 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, 2022, and will vest on February 28, 2025.
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 EBITDA for the year ended December 31, 2020 and will vest on February 28, 2023.
F4 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.
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 EBITDA 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 consolidated sales for the year ended December 31, 2021 and will vest on February 28, 2024.
F7 Restricted Stock Units granted 1/26/2023 and vest ratably over 3 years beginning 5/8/2024. Each RSU is equivalent to one share of common stock upon vesting.
F8 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.
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 3/1/2021 and vest ratably over 3 years beginning 5/8/2022. Each RSU is equivalent to one share of common stock upon vesting.
F11 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.
F12 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.