Clarence H. Smith - 13 Nov 2024 Form 4 Insider Report for HAVERTY FURNITURE COMPANIES INC (HVT)

Role
Chairman & CEO, Director
Signature
Belinda J. Clements, Attorney-in-Fact
Issuer symbol
HVT
Transactions as of
13 Nov 2024
Net transactions value
-$28,092
Form type
4
Filing time
15 Nov 2024, 15:19:32 UTC
Previous filing
10 May 2024
Next filing
24 Jan 2025
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 +821 +1.2% $0.000000 69,167 13 Nov 2024 Direct F1
transaction HVT Common Stock Options Exercise $0 +109 +0.16% $0.000000 69,276 13 Nov 2024 Direct F1
transaction HVT Common Stock Options Exercise $0 +323 +0.47% $0.000000 69,599 13 Nov 2024 Direct F1
transaction HVT Common Stock Tax liability $28,092 -1,253 -1.8% $22.42 68,346 13 Nov 2024 Direct
holding HVT Common Stock 7,850 13 Nov 2024 By Georgia Limited Partnership
holding HVT Common Stock 29,689 13 Nov 2024 By Spouse
holding HVT Class A Common Stock 112,036 13 Nov 2024 Direct
holding HVT Class A Common Stock 1,950 13 Nov 2024 By Spouse
holding HVT Class A Common Stock 603,497 13 Nov 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 PRSUs 2023 Options Exercise $0 -821 -3.8% $0.000000 20,722 13 Nov 2024 Common Stock 821 Direct F1, F2
transaction HVT PRSUs 2023.1 Options Exercise $0 -109 -3.8% $0.000000 2,747 13 Nov 2024 Common Stock 109 Direct F1, F3
transaction HVT RSUs 2024 Options Exercise $0 -323 -3.8% $0.000000 8,146 13 Nov 2024 Common Stock 323 Direct F1, F4
holding HVT PRSUs 2022 25,592 13 Nov 2024 Common Stock 25,592 Direct F5
holding HVT PRSUs.1 2022 6,237 13 Nov 2024 Common Stock 6,237 Direct F6
holding HVT RSUs 2023 5,296 13 Nov 2024 Common Stock 5,296 Direct F7
holding HVT RSUs 2022 2,631 13 Nov 2024 Common Stock 2,631 Direct F8
holding HVT Phantom Stock 6,466 13 Nov 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 Accelerated vesting of the shares necessary to pay for FICA taxes due to retirement-age eligibility.
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 EBITDA for the year ended December 31, 2023, and will vest on February 28, 2026.
F3 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.
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 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.
F8 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.
F9 Deferred under Directors' Deferred Compensation Plan. Settlement will occur as prescribed by the elections under the Plan.