Richard B. Hare - 24 Feb 2023 Form 4 Insider Report for HAVERTY FURNITURE COMPANIES INC (HVT)

Role
Executive Vice President & CFO
Signature
Jenny H. Parker, Attorney-in-Fact
Issuer symbol
HVT
Transactions as of
24 Feb 2023
Net transactions value
-$268,218
Form type
4
Filing time
28 Feb 2023, 17:27:27 UTC
Previous filing
30 Jan 2023
Next filing
09 Mar 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 +13,377 +93% $0.000000 27,792 28 Feb 2023 Direct
transaction HVT Common Stock Options Exercise $0 +2,293 +8.3% $0.000000 30,085 28 Feb 2023 Direct
transaction HVT Common Stock Tax liability $268,218 -7,107 -24% $37.74 22,978 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 +6,853 $0.000000 6,853 24 Feb 2023 Common Stock 6,853 Direct F1
transaction HVT PRSUs.1 2022 Award $0 +1,671 $0.000000 1,671 24 Feb 2023 Common Stock 1,671 Direct F2
transaction HVT PRSUs 2020 Options Exercise $0 -13,377 -100% $0.000000* 0 28 Feb 2023 Common Stock 13,377 Direct F3
transaction HVT PRSUs 2020.1 Options Exercise $0 -2,293 -100% $0.000000* 0 28 Feb 2023 Common Stock 2,293 Direct F4
holding HVT PRSUs 2021 10,290 24 Feb 2023 Common Stock 10,290 Direct F5
holding HVT PRSUs 2021.1 1,838 24 Feb 2023 Common Stock 1,838 Direct F6
holding HVT RSUs 2023 3,620 24 Feb 2023 Common Stock 3,620 Direct F7
holding HVT RSUs 2022 3,520 24 Feb 2023 Common Stock 3,520 Direct F8
holding HVT RSUs 2021 2,079 24 Feb 2023 Common Stock 2,079 Direct F9
holding HVT RSUs 2020 1,351 24 Feb 2023 Common Stock 1,351 Direct F10
holding HVT RSUs 2019 997 24 Feb 2023 Common Stock 997 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.