Richard B. Hare - Feb 28, 2024 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
Feb 28, 2024
Transactions value $
-$185,494
Form type
4
Date filed
3/1/2024, 04:23 PM
Previous filing
Jan 29, 2024
Next filing
May 2, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction HVT Common Stock Options Exercise $0 +10.3K +55.98% $0.00 28.7K Feb 28, 2024 Direct
transaction HVT Common Stock Options Exercise $0 +1.84K +6.41% $0.00 30.5K Feb 28, 2024 Direct
transaction HVT Common Stock Tax liability -$185K -5.5K -18.03% $33.72 25K Feb 28, 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 +5.67K $0.00 5.67K Feb 28, 2024 Common Stock 5.67K Direct F1
transaction HVT PRSUs 2023.1 Award $0 +752 $0.00 752 Feb 28, 2024 Common Stock 752 Direct F2
transaction HVT PRSUs 2021 Options Exercise $0 -10.3K -100% $0.00* 0 Feb 28, 2024 Common Stock 10.3K Direct F3
transaction HVT PRSUs 2021.1 Options Exercise $0 -1.84K -100% $0.00* 0 Feb 28, 2024 Common Stock 1.84K Direct F4
holding HVT PRSUs 2022 6.85K Feb 28, 2024 Common Stock 6.85K Direct F5
holding HVT PRSUs.1 2022 1.67K Feb 28, 2024 Common Stock 1.67K Direct F6
holding HVT RSUs 2024 3.6K Feb 28, 2024 Common Stock 3.6K Direct F7
holding HVT RSUs 2023 3.62K Feb 28, 2024 Common Stock 3.62K Direct F8
holding HVT RSUs 2022 2.32K Feb 28, 2024 Common Stock 2.32K Direct F9
holding HVT RSUs 2021 1.04K Feb 28, 2024 Common Stock 1.04K Direct F10
* 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 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.