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

Signature
Belinda J. Clements, Attorney-in-Fact
Stock symbol
HVT
Transactions as of
Feb 28, 2025
Transactions value $
-$341,560
Form type
4
Date filed
3/4/2025, 04:30 PM
Previous filing
Jan 24, 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction HVT Common Stock Options Exercise $0 +25.6K +37.44% $0.00 93.9K Feb 28, 2025 Direct
transaction HVT Common Stock Options Exercise $0 +6.24K +6.64% $0.00 100K Feb 28, 2025 Direct
transaction HVT Common Stock Tax liability -$342K -15K -14.93% $22.83 85.2K Feb 28, 2025 Direct
holding HVT Common Stock 7.85K Feb 28, 2025 By Georgia Limited Partnership
holding HVT Common Stock 29.7K Feb 28, 2025 By Spouse
holding HVT Class A Common Stock 112K Feb 28, 2025 Direct
holding HVT Class A Common Stock 1.95K Feb 28, 2025 By Spouse
holding HVT Class A Common Stock 603K Feb 28, 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 +14.1K $0.00 14.1K Feb 28, 2025 Common Stock 14.1K Direct F1
transaction HVT PRSUs 2022 Options Exercise $0 -25.6K -100% $0.00 0 Feb 28, 2025 Common Stock 25.6K Direct F2
transaction HVT PRSUs.1 2022 Options Exercise $0 -6.24K -100% $0.00 0 Feb 28, 2025 Common Stock 6.24K Direct F3
holding HVT PRSUs 2023 20.7K Feb 28, 2025 Common Stock 20.7K Direct F4
holding HVT PRSUs 2023.1 2.75K Feb 28, 2025 Common Stock 2.75K Direct F5
holding HVT RSUs 2022 2.63K Feb 28, 2025 Common Stock 2.63K Direct F6
holding HVT RSUs 2023 5.3K Feb 28, 2025 Common Stock 5.3K Direct F7
holding HVT RSUs 2024 8.15K Feb 28, 2025 Common Stock 8.15K Direct F8
holding HVT RSUs 2025 3.91K Feb 28, 2025 Common Stock 3.91K Direct F9
holding HVT Phantom Stock 6.47K Feb 28, 2025 Common Stock 6.47K $0.00 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.