SEC Form 4 · accession 0001127602-15-033976
HAVERTY FURNITURE COMPANIES INC · HVT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Allan J DeNiro
Officer — Sr. VP, Chief People Officer
Period of report
Dec 10, 2015
Accepted (ET)
Dec 14, 2015 · 4:12 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000216085
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Dec 10, 2015 | M | 2,000 | $0.00 | A | 12,220 | D | |
| Common Stock | Dec 10, 2015 | F | 1,183 | $22.61 | D | 11,037 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Appreciation RightsF1 | $8.74 | Dec 10, 2015 | M | 2,000 | D | — | Jan 27, 2016 | Common Stock | 2,000 | 0 | D |
| PRSUs 2014F2 | — | holding | — | — | — | — | — | Common Stock | 1,718 | 1,718 | D |
| RSUs 2012F3 | — | holding | — | — | — | — | — | Common Stock | 1,050 | 1,050 | D |
| RSUs 2013F4 | — | holding | — | — | — | — | — | Common Stock | 2,000 | 2,000 | D |
| RSUs 2014F5 | — | holding | — | — | — | — | — | Common Stock | 1,815 | 1,815 | D |
| RSUs 2015F6 | — | holding | — | — | — | — | — | Common Stock | 3,021 | 3,021 | D |
| Stock Appreciation RightsF7 | $18.14 | holding | — | — | — | — | Jan 24, 2020 | Common Stock | 7,500 | 7,500 | D |
Explanation of responses
- F1Stock-Settled Appreciation Rights ("SARs") granted under the 2004 Long-Term Incentive Plan. SARs vest in four equal installments, beginning on 5/8/2010, and expire seven years from the grant date.
- F2Performance Restricted Stock Units ("PRSUs") award granted 1/17/2014 under the 2004 Long-Term Incentive Plan. Each performance unit represents a contingent right to receive one share of the company's common stock. The performance units vest in February 2017 based on the company's EBITDA for the year ended December 31, 2014. The performance units reported represent target performance. The maximum number of performance units which may be earned is 160% of the target performance units, and the minimum number of performance units which may be earned is zero performance units.
- F3Restricted Stock Units ("RSUs") award granted 1/23/2012 under the 2004 Long-Term Incentive Plan. RSUs vest equally over 4 years, beginning 5/8/2013. Each RSU is equivalent to one share of common stock upon vesting.
- F4Restricted Stock Units ("RSUs") award granted 1/24/2013 under the 2004 Long-Term Incentive Plan. RSUs vest equally over 4 years, beginning 5/8/2014. Each RSU is equivalent to one share of common stock upon vesting.
- F5Restricted Stock Units ("RSUs") award granted 1/17/2014 under the 2004 Long-Term Incentive Plan. RSUs vest ratably over 4 years, beginning 5/8/2015. Each RSU is equivalent to one share of common stock upon vesting.
- F6Restricted Stock Units ("RSUs") award granted 1/23/2015 under the 2014 Long-Term Incentive Plan. RSUs vest ratably over 4 years, beginning 5/8/2016. Each RSU is equivalent to one share of common stock upon vesting.
- F7Stock-Settled Appreciation rights ("SARs") granted under the 2004 Long-Term Incentive Plan. SARs vest in four equal installments, beginning on 5/8/2014, and expire seven years from the grant date.