Jenny H. Parker - 24 Feb 2023 Form 4 Insider Report for HAVERTY FURNITURE COMPANIES INC (HVT)

Role
Sr. VP, Finance & Corp Sec
Signature
/s/ Jenny H. Parker
Issuer symbol
HVT
Transactions as of
24 Feb 2023
Net transactions value
-$241,004
Form type
4
Filing time
28 Feb 2023, 17:29:52 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 Sale $99,743 -2,620 -11% $38.07 21,714 27 Feb 2023 Direct F1
transaction HVT Common Stock Options Exercise $0 +7,369 +34% $0.000000 29,083 28 Feb 2023 Direct
transaction HVT Common Stock Options Exercise $0 +1,264 +4.3% $0.000000 30,347 28 Feb 2023 Direct
transaction HVT Common Stock Tax liability $141,261 -3,743 -12% $37.74 26,604 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 +3,212 $0.000000 3,212 24 Feb 2023 Common Stock 3,212 Direct F2
transaction HVT PRSUs.1 2022 Award $0 +783 $0.000000 783 24 Feb 2023 Common Stock 783 Direct F3
transaction HVT PRSUs 2020 Options Exercise $0 -7,369 -100% $0.000000* 0 28 Feb 2023 Common Stock 7,369 Direct F4
transaction HVT PRSUs 2020.1 Options Exercise $0 -1,264 -100% $0.000000* 0 28 Feb 2023 Common Stock 1,264 Direct F5
holding HVT PRSUs 2021 5,082 24 Feb 2023 Common Stock 5,082 Direct F6
holding HVT PRSUs 2021.1 908 24 Feb 2023 Common Stock 908 Direct F7
holding HVT RSUs 2023 2,589 24 Feb 2023 Common Stock 2,589 Direct F8
holding HVT RSUs 2022 2,567 24 Feb 2023 Common Stock 2,567 Direct F9
holding HVT RSUs 2021 1,597 24 Feb 2023 Common Stock 1,597 Direct F10
holding HVT RSUs 2020 1,158 24 Feb 2023 Common Stock 1,158 Direct F11
holding HVT RSUs 2019 850 24 Feb 2023 Common Stock 850 Direct F12
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The transaction was executed in multiple trades at prices ranging from $38.04 to $38.20. The price above reflects the weighted average sales price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
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 EBITDA for the year ended December 31, 2022, and will vest on February 28, 2025.
F3 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.
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 EBITDA for the year ended December 31, 2020 and will vest on February 28, 2023.
F5 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.
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 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.
F8 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.
F9 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.
F10 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.
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.