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

Role
Chairman & CEO, Director
Signature
Belinda J. Clements, Attorney-in-Fact
Stock symbol
HVT
Transactions as of
Nov 13, 2024
Transactions value $
-$28,092
Form type
4
Date filed
11/15/2024, 03:19 PM
Previous filing
May 10, 2024

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% $0.00 69.2K Nov 13, 2024 Direct F1
transaction HVT Common Stock Options Exercise $0 +109 +0.16% $0.00 69.3K Nov 13, 2024 Direct F1
transaction HVT Common Stock Options Exercise $0 +323 +0.47% $0.00 69.6K Nov 13, 2024 Direct F1
transaction HVT Common Stock Tax liability -$28.1K -1.25K -1.8% $22.42 68.3K Nov 13, 2024 Direct
holding HVT Common Stock 7.85K Nov 13, 2024 By Georgia Limited Partnership
holding HVT Common Stock 29.7K Nov 13, 2024 By Spouse
holding HVT Class A Common Stock 112K Nov 13, 2024 Direct
holding HVT Class A Common Stock 1.95K Nov 13, 2024 By Spouse
holding HVT Class A Common Stock 603K Nov 13, 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 -3.81% $0.00 20.7K Nov 13, 2024 Common Stock 821 Direct F1, F2
transaction HVT PRSUs 2023.1 Options Exercise $0 -109 -3.82% $0.00 2.75K Nov 13, 2024 Common Stock 109 Direct F1, F3
transaction HVT RSUs 2024 Options Exercise $0 -323 -3.81% $0.00 8.15K Nov 13, 2024 Common Stock 323 Direct F1, F4
holding HVT PRSUs 2022 25.6K Nov 13, 2024 Common Stock 25.6K Direct F5
holding HVT PRSUs.1 2022 6.24K Nov 13, 2024 Common Stock 6.24K Direct F6
holding HVT RSUs 2023 5.3K Nov 13, 2024 Common Stock 5.3K Direct F7
holding HVT RSUs 2022 2.63K Nov 13, 2024 Common Stock 2.63K Direct F8
holding HVT Phantom Stock 6.47K Nov 13, 2024 Common Stock 6.47K $0.00 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.