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

Signature
Jenny H. Parker, Attorney-in-Fact
Stock symbol
HVT
Transactions as of
Feb 24, 2023
Transactions value $
-$221,081
Form type
4
Date filed
2/28/2023, 05:20 PM
Previous filing
Jan 30, 2023
Next filing
May 10, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction HVT Common Stock Options Exercise $0 +11K +35.45% $0.00 42.1K Feb 28, 2023 Direct
transaction HVT Common Stock Options Exercise $0 +1.89K +4.49% $0.00 44K Feb 28, 2023 Direct
transaction HVT Common Stock Tax liability -$221K -5.86K -13.31% $37.74 38.2K Feb 28, 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 +5.06K $0.00 5.06K Feb 24, 2023 Common Stock 5.06K Direct F1
transaction HVT PRSUs.1 2022 Award $0 +1.23K $0.00 1.23K Feb 24, 2023 Common Stock 1.23K Direct F2
transaction HVT PRSUs 2020 Options Exercise $0 -11K -100% $0.00* 0 Feb 28, 2023 Common Stock 11K Direct F3
transaction HVT PRSUs 2020.1 Options Exercise $0 -1.89K -100% $0.00* 0 Feb 28, 2023 Common Stock 1.89K Direct F4
holding HVT PRSUs 2021 8.22K Feb 24, 2023 Common Stock 8.22K Direct F5
holding HVT PRSUs 2021.1 1.47K Feb 24, 2023 Common Stock 1.47K Direct F6
holding HVT RSUs 2023 2.72K Feb 24, 2023 Common Stock 2.72K Direct F7
holding HVT RSUs 2022 2.6K Feb 24, 2023 Common Stock 2.6K Direct F8
holding HVT RSUs 2021 1.66K Feb 24, 2023 Common Stock 1.66K Direct F9
holding HVT RSUs 2020 1.11K Feb 24, 2023 Common Stock 1.11K Direct F10
holding HVT RSUs 2019 862 Feb 24, 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.