Clarence H. Smith - 08 May 2024 Form 4 Insider Report for HAVERTY FURNITURE COMPANIES INC (HVT)

Role
Chairman & CEO, Director
Signature
Jenny H. Parker, Attorney-in-Fact
Issuer symbol
HVT
Transactions as of
08 May 2024
Net transactions value
-$88,084
Form type
4
Filing time
10 May 2024, 10:58:00 UTC
Previous filing
07 May 2024
Next filing
15 Nov 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 +2,201 +3.4% $0.000000 66,378 08 May 2024 Direct
transaction HVT Common Stock Options Exercise $0 +2,631 +4% $0.000000 69,009 08 May 2024 Direct
transaction HVT Common Stock Options Exercise $0 +2,419 +3.5% $0.000000 71,428 08 May 2024 Direct
transaction HVT Common Stock Tax liability $88,084 -3,082 -4.3% $28.58 68,346 08 May 2024 Direct
holding HVT Common Stock 7,850 08 May 2024 By Georgia Limited Partnership
holding HVT Common Stock 29,689 08 May 2024 By Spouse
holding HVT Class A Common Stock 112,036 08 May 2024 Direct
holding HVT Class A Common Stock 1,950 08 May 2024 By Spouse
holding HVT Class A Common Stock 603,497 08 May 2024 By Villa Clare, LP

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 2021 Options Exercise $0 -2,201 -100% $0.000000* 0 08 May 2024 Common Stock 2,201 Direct F1
transaction HVT RSUs 2022 Options Exercise $0 -2,631 -50% $0.000000 2,631 08 May 2024 Common Stock 2,631 Direct F2
transaction HVT RSUs 2023 Options Exercise $0 -2,419 -31% $0.000000 5,296 08 May 2024 Common Stock 2,419 Direct F3
holding HVT RSUs 2024 8,469 08 May 2024 Common Stock 8,469 Direct F4
holding HVT PRSUs 2022 25,592 08 May 2024 Common Stock 25,592 Direct F5
holding HVT PRSUs.1 2022 6,237 08 May 2024 Common Stock 6,237 Direct F6
holding HVT PRSUs 2023 21,543 08 May 2024 Common Stock 21,543 Direct F7
holding HVT PRSUs 2023.1 2,856 08 May 2024 Common Stock 2,856 Direct F8
holding HVT Phantom Stock 6,466 08 May 2024 Common Stock 6,466 $0.000000 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 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.
F2 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.
F3 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.
F4 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.
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 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.
F8 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.
F9 Deferred under Directors' Deferred Compensation Plan. Settlement will occur as prescribed by the elections under the Plan.