Steven G. Burdette - 08 May 2023 Form 4 Insider Report for HAVERTY FURNITURE COMPANIES INC (HVT)

Role
President
Signature
Jenny H. Parker, Attorney-in-Fact
Issuer symbol
HVT
Transactions as of
08 May 2023
Net transactions value
-$73,744
Form type
4
Filing time
10 May 2023, 16:41:27 UTC
Previous filing
07 Mar 2023
Next filing
29 Jan 2024
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 +997 +7.5% $0.000000 14,348 08 May 2023 Direct
transaction HVT Common Stock Options Exercise $0 +1,351 +9.4% $0.000000 15,699 08 May 2023 Direct
transaction HVT Common Stock Options Exercise $0 +995 +6.3% $0.000000 16,694 08 May 2023 Direct
transaction HVT Common Stock Options Exercise $0 +1,650 +9.9% $0.000000 18,344 08 May 2023 Direct
transaction HVT Common Stock Options Exercise $0 +1,360 +7.4% $0.000000 19,704 08 May 2023 Direct
transaction HVT Common Stock Tax liability $73,744 -2,884 -15% $25.57 16,820 08 May 2023 Direct
holding HVT Class A Common Stock 28,530 08 May 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 RSUs 2019 Options Exercise $0 -997 -100% $0.000000* 0 08 May 2023 Common Stock 997 Direct F1
transaction HVT RSUs 2020 Options Exercise $0 -1,351 -100% $0.000000* 0 08 May 2023 Common Stock 1,351 Direct F2
transaction HVT RSUs 2021 Options Exercise $0 -995 -50% $0.000000 995 08 May 2023 Common Stock 995 Direct F3
transaction HVT RSUs 2021.1 Options Exercise $0 -1,650 -50% $0.000000 1,650 08 May 2023 Common Stock 1,650 Direct F4
transaction HVT RSUs 2022 Options Exercise $0 -1,360 -34% $0.000000 2,640 08 May 2023 Common Stock 1,360 Direct F5
holding HVT RSUs 2023 4,276 08 May 2023 Common Stock 4,276 Direct F6
holding HVT PRSUs 2022 7,787 08 May 2023 Common Stock 7,787 Direct F7
holding HVT PRSUs.1 2022 1,899 08 May 2023 Common Stock 1,899 Direct F8
holding HVT PRSUs 2021 9,849 08 May 2023 Common Stock 9,849 Direct F9
holding HVT PRSUs 2021.1 1,759 08 May 2023 Common Stock 1,759 Direct F10
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 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.
F2 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.
F3 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.
F4 Restricted Stock Units granted 3/1/2021 and vest ratably over 3 years beginning 5/8/2022. Each RSU is equivalent to one share of common stock upon vesting.
F5 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.
F6 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.
F7 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.
F8 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.
F9 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.
F10 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.