Richard B. Hare - May 8, 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
May 8, 2023
Transactions value $
-$53,211
Form type
4
Date filed
5/10/2023, 04:49 PM
Previous filing
May 8, 2023
Next filing
Jan 29, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction HVT Common Stock Options Exercise $0 +997 +6.28% $0.00 16.9K May 8, 2023 Direct
transaction HVT Common Stock Options Exercise $0 +1.35K +8.01% $0.00 18.2K May 8, 2023 Direct
transaction HVT Common Stock Options Exercise $0 +1.04K +5.71% $0.00 19.3K May 8, 2023 Direct
transaction HVT Common Stock Options Exercise $0 +1.2K +6.21% $0.00 20.5K May 8, 2023 Direct
transaction HVT Common Stock Tax liability -$53.2K -2.08K -10.17% $25.57 18.4K May 8, 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% $0.00* 0 May 8, 2023 Common Stock 997 Direct F1
transaction HVT RSUs 2020 Options Exercise $0 -1.35K -100% $0.00* 0 May 8, 2023 Common Stock 1.35K Direct F2
transaction HVT RSUs 2021 Options Exercise $0 -1.04K -50.02% $0.00 1.04K May 8, 2023 Common Stock 1.04K Direct F3
transaction HVT RSUs 2022 Options Exercise $0 -1.2K -34.01% $0.00 2.32K May 8, 2023 Common Stock 1.2K Direct F4
holding HVT RSUs 2023 3.62K May 8, 2023 Common Stock 3.62K Direct F5
holding HVT PRSUs 2022 6.85K May 8, 2023 Common Stock 6.85K Direct F6
holding HVT PRSUs.1 2022 1.67K May 8, 2023 Common Stock 1.67K Direct F7
holding HVT PRSUs 2021 10.3K May 8, 2023 Common Stock 10.3K Direct F8
holding HVT PRSUs 2021.1 1.84K May 8, 2023 Common Stock 1.84K Direct F9
* 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 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.
F5 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.
F6 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.
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 consolidated sales for the year ended December 31, 2022, and will vest on February 28, 2025.
F8 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.
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 consolidated sales for the year ended December 31, 2021 and will vest on February 28, 2024.