Richard B. Hare - Mar 9, 2023 Form 4 Insider Report for HAVERTY FURNITURE COMPANIES INC (HVT)

Role
Executive Vice President & CFO
Signature
Jenny H. Parker, Attorney-in-Fact
Stock symbol
HVT
Transactions as of
Mar 9, 2023
Transactions value $
-$229,244
Form type
4
Date filed
3/9/2023, 03:42 PM
Previous filing
Feb 28, 2023
Next filing
May 2, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction HVT Common Stock Sale -$229K -7.1K -30.9% $32.29 15.9K Mar 9, 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 10.3K Mar 9, 2023 Common Stock 10.3K Direct F2
holding HVT PRSUs 2021.1 1.84K Mar 9, 2023 Common Stock 1.84K Direct F3
holding HVT PRSUs 2022 6.85K Mar 9, 2023 Common Stock 6.85K Direct F4
holding HVT PRSUs.1 2022 1.67K Mar 9, 2023 Common Stock 1.67K Direct F5
holding HVT RSUs 2019 997 Mar 9, 2023 Common Stock 997 Direct F6
holding HVT RSUs 2020 1.35K Mar 9, 2023 Common Stock 1.35K Direct F7
holding HVT RSUs 2021 2.08K Mar 9, 2023 Common Stock 2.08K Direct F8
holding HVT RSUs 2022 3.52K Mar 9, 2023 Common Stock 3.52K Direct F9
holding HVT RSUs 2023 3.62K Mar 9, 2023 Common Stock 3.62K 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.