SEC Form 4 · accession 0001127602-18-029082
HAVERTY FURNITURE COMPANIES INC · HVT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Richard Dewey Gallagher
Officer — Executive Vice President
Period of report
Sep 30, 2018
Accepted (ET)
Oct 2, 2018 · 4:43 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 | Sep 30, 2018 | M | 8,322 | $0.00 | A | 21,489 | D | |
| Common Stock | Sep 30, 2018 | F | 3,192 | $22.10 | D | 18,297 | D | |
| Class A Common Stock | holding | — | — | — | 25,000 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| RSUs 2018.1F1 | — | Sep 30, 2018 | M | 8,322 | D | — | — | Common Stock | 8,322 | 16,640 | D |
| PRSUs 2016F3,F2 | — | Sep 30, 2018 | J | 5,463 | D | — | — | Common Stock | 5,463 | 0 | D |
| PRSUs 2017F3,F4 | — | Sep 30, 2018 | J | 4,904 | D | — | — | Common Stock | 4,904 | 0 | D |
| RSUs 2015F3,F5 | — | Sep 30, 2018 | J | 1,125 | D | — | — | Common Stock | 1,125 | 0 | D |
| RSUs 2016F3,F6 | — | Sep 30, 2018 | J | 2,586 | D | — | — | Common Stock | 2,586 | 0 | D |
| RSUs 2017F3,F7 | — | Sep 30, 2018 | J | 3,937 | D | — | — | Common Stock | 3,937 | 0 | D |
| RSUs 2018F3,F8 | — | Sep 30, 2018 | J | 3,180 | D | — | — | Common Stock | 3,180 | 0 | D |
Explanation of responses
- F1Restricted Stock Units ("RSUs") award granted 9/19/2018 under the 2014 Long-Term Incentive Plan. RSUs vest 8,322 on 9/30/2018, 8,320 on 10/1/2019 and 8,320 on 10/1/2020.
- F2Performance Restricted Stock Units ("PRSUs") award granted 1/26/2016 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, 2016. This amount represents the number of performance units earned for fiscal year 2016, which were certified by the Executive Compensation and Employee Benefits Committee on 1/30/2017. The performance units vest on February 28, 2019.
- F3Cancelled due to termination of employment.
- F4Performance 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.
- F5Restricted 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.
- F6Restricted Stock Units ("RSUs") award granted 1/26/2016 under the 2014 Long-Term Incentive Plan. RSUs vest ratably over 4 years, beginning 5/8/2017. Each RSU is equivalent to one share of common stock upon vesting.
- F7Restricted Stock Units ("RSUs") award granted 1/30/2017 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.
- F8Restricted 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.