SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
  
 Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
  
 Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
SMITH CLARENCE H
(Last) (First) (Middle)
780 JOHNSON FERRY RD.
SUITE 800
(Street)
ATLANTA GA 30342-
(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
HAVERTY FURNITURE COMPANIES INC [ HVT ] 		5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
X Officer (give title below) Other (specify below)
Chairman & CEO
3. Date of Earliest Transaction (Month/Day/Year)
11/07/2023
4. If Amendment, Date of Original Filed (Month/Day/Year)
 6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 11/07/2023 M 1,020(1) A $0 39,881 D
Common Stock 11/07/2023 M 250(2) A $0 40,131 D
Common Stock 11/07/2023 M 272(1) A $0 38,861 D
Common Stock 11/07/2023 M 310(1) A $0 40,441 D
Common Stock 11/07/2023 F 1,852 D $29.26 38,589 D
Common Stock 29,689 I By Spouse
Common Stock 7,850 I By Georgia Limited Partnership
Class A Common Stock 112,036 D
Class A Common Stock 1,950 I By Spouse
Class A Common Stock 603,497 I By Villa Clare, LP
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
PRSUs 2022 (3) 11/07/2023 M 1,020(1) (3) (3) Common Stock 1,020 $0 25,592 D
PRSUs.1 2022 (4) 11/07/2023 M 250(2) (4) (4) Common Stock 250 $0 6,237 D
RSUs 2022 (5) 11/07/2023 M 272(1) (5) (5) Common Stock 272 $0 5,262 D
RSUs 2023 (6) 11/07/2023 M 310(1) (6) (6) Common Stock 310 $0 7,715 D
PRSUs 2021 (7) (7) (7) Common Stock 37,352 37,352 D
PRSUs 2021.1 (8) (8) (8) Common Stock 6,670 6,670 D
RSUs 2021 (9) (9) (9) Common Stock 2,201 2,201 D
Phantom Stock $0 (10) (10) Common Stock 6,007 6,007 D
Explanation of Responses:
1. Accelerated vesting of the shares necessary to pay for FICA taxes due to retirement-age eligibility.
2. This release was done to accelerate the vesting of the shares necessary to pay for FICA taxes due on the shares as the grantee is over 65, or will be by year-end, and there is no longer a risk of forfeiture and therefore are considered FICA wages.
3. 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.
4. 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.
5. 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.
6. 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.
7. Performance Restricted Stock Units ("PRSUs") award granted 1/21/2021. 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, 2021 and will vest on February 28, 2024.
8. Performance Restricted Stock Units ("PRSUs") award granted 1/21/2021. 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, 2021 and will vest on February 28, 2024.
9. Restricted Stock Units granted 1/21/2021 and vest ratably over 3 years beginning 5/8/2022. Each RSU is equivalent to one share of common stock upon vesting.
10. Deferred under Directors' Deferred Compensation Plan. Settlement will occur upon the earlier to occur of (i) termination of service on the Board of Directors, or (ii) death.
Jenny H. Parker, Attorney-in-Fact 11/08/2023
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
Haverty Furniture Compan... (NYSE:HVT.A)
Historical Stock Chart
Von Apr 2024 bis Mai 2024 Click Here for more Haverty Furniture Compan... Charts.
Haverty Furniture Compan... (NYSE:HVT.A)
Historical Stock Chart
Von Mai 2023 bis Mai 2024 Click Here for more Haverty Furniture Compan... Charts.