SEC Form 4 · accession 0001127602-18-017029
HAVERTY FURNITURE COMPANIES INC · HVT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Richard B Hare
Officer — Executive Vice President & CFO
Period of report
May 8, 2018
Accepted (ET)
May 10, 2018 · 4:29 pm EDT
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 | May 8, 2018 | M | 1,099 | $0.00 | A | 1,099 | D | |
| Common Stock | May 8, 2018 | F | 499 | $19.35 | D | 600 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| RSUs 2017F1 | — | May 8, 2018 | M | 1,099 | D | — | — | Common Stock | 1,099 | 3,297 | D |
| PRSUs 2017F2 | — | holding | — | — | — | — | — | Common Stock | 4,106 | 4,106 | D |
| RSUs 2018F3 | — | holding | — | — | — | — | — | Common Stock | 3,390 | 3,390 | D |
Explanation of responses
- F1Restricted Stock Units ("RSUs") award granted 5/4/2017 under the 2014 Long-Term Incentive Plan. RSUs vest ratably over 4 years, beginning 5/8/2018. Each RSU is equivalent to one share of common stock upon vesting.
- F2Performance Restricted Stock Units ("PRSUs") award granted 1/30/2017 under the 2014 Long-Term Incentive Plan. Each performance unit represents a contingent right to receive one share of the Company's common stock based on the EBITDA for the year ended December 31, 2017. This amount represents the number of performance units earned for fiscal year 2017, which were certified by the Executive Compensation and Employee Benefits Committee on 1/30/2018. The performance units vest on February 28, 2020.
- F3Restricted Stock Units ("RSUs") award granted 1/30/2018 under the 2014 Long-Term Incentive Plan. RSUs vest ratably over 4 years, beginning 5/8/2019. Each RSU is equivalent to one share of common stock upon vesting.