Richard B. Hare - 28 Feb 2025 Form 4 Insider Report for HAVERTY FURNITURE COMPANIES INC (HVT)

Role
EVP, CFO & Corporate Secretary
Signature
Belinda J. Clements, Attorney-in-Fact
Issuer symbol
HVT
Transactions as of
28 Feb 2025
Net transactions value
-$88,215
Form type
4
Filing time
04 Mar 2025, 16:27:19 UTC
Previous filing
24 Jan 2025
Next filing
02 May 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 +6,853 +25% $0.000000 33,735 28 Feb 2025 Direct
transaction HVT Common Stock Options Exercise $0 +1,671 +5% $0.000000 35,406 28 Feb 2025 Direct
transaction HVT Common Stock Tax liability $88,215 -3,864 -11% $22.83 31,542 28 Feb 2025 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 2024 Award $0 +3,494 $0.000000 3,494 28 Feb 2025 Common Stock 3,494 Direct F1
transaction HVT PRSUs 2022 Options Exercise $0 -6,853 -100% $0.000000 0 28 Feb 2025 Common Stock 6,853 Direct F2
transaction HVT PRSUs.1 2022 Options Exercise $0 -1,671 -100% $0.000000 0 28 Feb 2025 Common Stock 1,671 Direct F3
holding HVT PRSUs 2023 5,669 28 Feb 2025 Common Stock 5,669 Direct F4
holding HVT PRSUs 2023.1 752 28 Feb 2025 Common Stock 752 Direct F5
holding HVT RSUs 2022 1,162 28 Feb 2025 Common Stock 1,162 Direct F6
holding HVT RSUs 2023 2,389 28 Feb 2025 Common Stock 2,389 Direct F7
holding HVT RSUs 2024 3,600 28 Feb 2025 Common Stock 3,600 Direct F8
holding HVT RSUs 2025 5,693 28 Feb 2025 Common Stock 5,693 Direct F9
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Performance Restricted Stock Units ("PRSU") award granted 01/25/2024. 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, 2024, and will vest on February 28, 2027.
F2 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.
F3 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.
F4 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.
F5 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.
F6 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.
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 1/25/2024 and vest ratably over 3 years beginning 5/8/2025. Each RSU is equivalent to one share of common stock upon vesting.
F9 Restricted Stock Units granted 1/23/2025 and vest ratably over 3 years beginning 5/8/2026. Each RSU is equivalent to one share of common stock upon vesting.