Clarence H. Smith - 28 Feb 2025 Form 4 Insider Report for HAVERTY FURNITURE COMPANIES INC (HVT)

Role
Director, Executive Chairman
Signature
Belinda J. Clements, Attorney-in-Fact
Issuer symbol
HVT
Transactions as of
28 Feb 2025
Net transactions value
-$341,560
Form type
4
Filing time
04 Mar 2025, 16:30:42 UTC
Previous filing
24 Jan 2025
Next filing
09 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 +25,592 +37% $0.000000 93,938 28 Feb 2025 Direct
transaction HVT Common Stock Options Exercise $0 +6,237 +6.6% $0.000000 100,175 28 Feb 2025 Direct
transaction HVT Common Stock Tax liability $341,560 -14,961 -15% $22.83 85,214 28 Feb 2025 Direct
holding HVT Common Stock 7,850 28 Feb 2025 By Georgia Limited Partnership
holding HVT Common Stock 29,689 28 Feb 2025 By Spouse
holding HVT Class A Common Stock 112,036 28 Feb 2025 Direct
holding HVT Class A Common Stock 1,950 28 Feb 2025 By Spouse
holding HVT Class A Common Stock 603,497 28 Feb 2025 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 2024 Award $0 +14,091 $0.000000 14,091 28 Feb 2025 Common Stock 14,091 Direct F1
transaction HVT PRSUs 2022 Options Exercise $0 -25,592 -100% $0.000000 0 28 Feb 2025 Common Stock 25,592 Direct F2
transaction HVT PRSUs.1 2022 Options Exercise $0 -6,237 -100% $0.000000 0 28 Feb 2025 Common Stock 6,237 Direct F3
holding HVT PRSUs 2023 20,722 28 Feb 2025 Common Stock 20,722 Direct F4
holding HVT PRSUs 2023.1 2,747 28 Feb 2025 Common Stock 2,747 Direct F5
holding HVT RSUs 2022 2,631 28 Feb 2025 Common Stock 2,631 Direct F6
holding HVT RSUs 2023 5,296 28 Feb 2025 Common Stock 5,296 Direct F7
holding HVT RSUs 2024 8,146 28 Feb 2025 Common Stock 8,146 Direct F8
holding HVT RSUs 2025 3,913 28 Feb 2025 Common Stock 3,913 Direct F9
holding HVT Phantom Stock 6,466 28 Feb 2025 Common Stock 6,466 $0.000000 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 ("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.
F10 Deferred under Directors' Deferred Compensation Plan. Settlement will occur as prescribed by the elections under the Plan.