STEVEN G. BURDETTE - 28 Feb 2024 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
28 Feb 2024
Net transactions value
-$400,791
Form type
4
Filing time
01 Mar 2024, 16:08:45 UTC
Previous filing
29 Jan 2024
Next filing
10 May 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction HVT Common Stock Options Exercise $0 +9,849 +59% $0.000000 26,669 28 Feb 2024 Direct
transaction HVT Common Stock Options Exercise $0 +1,759 +6.6% $0.000000 28,428 28 Feb 2024 Direct
transaction HVT Common Stock Tax liability $177,536 -5,265 -19% $33.72 23,163 28 Feb 2024 Direct
transaction HVT Common Stock Sale $223,256 -6,500 -28% $34.35 16,663 29 Feb 2024 Direct
holding HVT Class A Common Stock 28,530 28 Feb 2024 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 2023 Award $0 +6,697 $0.000000 6,697 28 Feb 2024 Common Stock 6,697 Direct F1
transaction HVT PRSUs 2023.1 Award $0 +888 $0.000000 888 28 Feb 2024 Common Stock 888 Direct F2
transaction HVT PRSUs 2021 Options Exercise $0 -9,849 -100% $0.000000* 0 28 Feb 2024 Common Stock 9,849 Direct F3
transaction HVT PRSUs 2021.1 Options Exercise $0 -1,759 -100% $0.000000* 0 28 Feb 2024 Common Stock 1,759 Direct F4
holding HVT PRSUs 2022 7,787 28 Feb 2024 Common Stock 7,787 Direct F5
holding HVT PRSUs.1 2022 1,899 28 Feb 2024 Common Stock 1,899 Direct F6
holding HVT RSUs 2024 4,286 28 Feb 2024 Common Stock 4,286 Direct F7
holding HVT RSUs 2023 4,276 28 Feb 2024 Common Stock 4,276 Direct F8
holding HVT RSUs 2022 2,640 28 Feb 2024 Common Stock 2,640 Direct F9
holding HVT RSUs 2021.1 1,650 28 Feb 2024 Common Stock 1,650 Direct F10
holding HVT RSUs 2021 995 28 Feb 2024 Common Stock 995 Direct F11
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Performance Restricted Stock Units ("PRSUs") award granted 1/26/2023. 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, 2023, and will vest on February 28, 2026.
F2 Performance Restricted Stock Units ("PRSUs") award granted 1/26/2023. 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, 2023, and will vest on February 28, 2026.
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 EBITDA for the year ended December 31, 2021 and will vest on February 28, 2024.
F4 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.
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 EBITDA for the year ended December 31, 2022, and will vest on February 28, 2025.
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 consolidated sales for the year ended December 31, 2022, and will vest on February 28, 2025.
F7 Restricted Stock Units granted 1/25/2024 and vest ratably over 3 years beginning 5/8/2025. Each RSU is equivalent to one share of common stock upon vesting.
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 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.
F11 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.