Richard B. Hare - 09 Mar 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: 09 Mar 2023
Net transactions value: -$229,244
Form type: 4
Filing time: 09 Mar 2023, 15:42:47 UTC
Previous filing: 28 Feb 2023
Next filing: 02 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	$229,244	-7,100	-31%	$32.29	15,878	09 Mar 2023	Direct	F1

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
holding	HVT	PRSUs 2021						10,290	09 Mar 2023	Common Stock	10,290		Direct	F2
holding	HVT	PRSUs 2021.1						1,838	09 Mar 2023	Common Stock	1,838		Direct	F3
holding	HVT	PRSUs 2022						6,853	09 Mar 2023	Common Stock	6,853		Direct	F4
holding	HVT	PRSUs.1 2022						1,671	09 Mar 2023	Common Stock	1,671		Direct	F5
holding	HVT	RSUs 2019						997	09 Mar 2023	Common Stock	997		Direct	F6
holding	HVT	RSUs 2020						1,351	09 Mar 2023	Common Stock	1,351		Direct	F7
holding	HVT	RSUs 2021						2,079	09 Mar 2023	Common Stock	2,079		Direct	F8
holding	HVT	RSUs 2022						3,520	09 Mar 2023	Common Stock	3,520		Direct	F9
holding	HVT	RSUs 2023						3,620	09 Mar 2023	Common Stock	3,620		Direct	F10

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	This transaction was executed in multiple trades at prices ranging from $32.00 to $33.12. The price reported 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 1/21/2021. 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.
F3	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.
F4	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.
F5	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.
F6	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.
F7	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.
F8	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.
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 1/26/2023 and vest ratably over 3 years beginning 5/8/2024. Each RSU is equivalent to one share of common stock upon vesting.