J. Edward Clary - 24 Feb 2023 Form 4 Insider Report for HAVERTY FURNITURE COMPANIES INC (HVT)

Role
Executive VP & CIO
Signature
Jenny H. Parker, Attorney-in-Fact
Issuer symbol
HVT
Transactions as of
24 Feb 2023
Net transactions value
-$221,081
Form type
4
Filing time
28 Feb 2023, 17:20:04 UTC
Previous filing
30 Jan 2023
Next filing
10 May 2023
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 +11,025 +35% $0.000000 42,124 28 Feb 2023 Direct
transaction HVT Common Stock Options Exercise $0 +1,890 +4.5% $0.000000 44,014 28 Feb 2023 Direct
transaction HVT Common Stock Tax liability $221,081 -5,858 -13% $37.74 38,156 28 Feb 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 +5,063 $0.000000 5,063 24 Feb 2023 Common Stock 5,063 Direct F1
transaction HVT PRSUs.1 2022 Award $0 +1,234 $0.000000 1,234 24 Feb 2023 Common Stock 1,234 Direct F2
transaction HVT PRSUs 2020 Options Exercise $0 -11,025 -100% $0.000000* 0 28 Feb 2023 Common Stock 11,025 Direct F3
transaction HVT PRSUs 2020.1 Options Exercise $0 -1,890 -100% $0.000000* 0 28 Feb 2023 Common Stock 1,890 Direct F4
holding HVT PRSUs 2021 8,218 24 Feb 2023 Common Stock 8,218 Direct F5
holding HVT PRSUs 2021.1 1,468 24 Feb 2023 Common Stock 1,468 Direct F6
holding HVT RSUs 2023 2,715 24 Feb 2023 Common Stock 2,715 Direct F7
holding HVT RSUs 2022 2,600 24 Feb 2023 Common Stock 2,600 Direct F8
holding HVT RSUs 2021 1,660 24 Feb 2023 Common Stock 1,660 Direct F9
holding HVT RSUs 2020 1,114 24 Feb 2023 Common Stock 1,114 Direct F10
holding HVT RSUs 2019 862 24 Feb 2023 Common Stock 862 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 1/26/2022. 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 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.
F11 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.