Filing Details

Accession Number:
0001127602-19-009710
Form Type:
4
Zero Holdings:
No
Publication Time:
2019-03-04 21:41:05
Reporting Period:
2019-02-28
Accepted Time:
2019-03-04 21:41:05
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
216085 Haverty Furniture Companies Inc HVT Retail-Furniture Stores (5712) 580281900
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1209399 H Clarence Smith 780 Johnson Ferry Rd.
Suite 800
Atlanta GA 30342-
Chairman, President & Ceo Yes Yes No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Disposition 2019-02-28 9,976 $24.01 32,820 No 4 S Direct
Common Stock Disposition 2019-02-28 1,377 $0.00 31,443 No 5 G Direct
Common Stock Acquisiton 2019-02-28 16,109 $0.00 47,552 No 4 M Direct
Common Stock Disposition 2019-02-28 7,306 $24.36 40,246 No 4 F Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 S Direct
No 5 G Direct
No 4 M Direct
No 4 F Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock PRSUs 2016 Disposition 2019-02-28 16,109 $0.00 16,109 $0.00
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
0 No 4 M Direct
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Class A Common Stock 87,036 Direct
Class A Common Stock 1,950 Indirect By Spouse
Class A Common Stock 603,497 Indirect By Villa Clare, LP
Class A Common Stock 603,497 Indirect By West Wesley, LLC
Common Stock 7,850 Indirect By Georgia Limited Partnership
Common Stock 29,689 Indirect By Spouse
Reported Derivative Holdings
Sec. Name Sec. Type Price Date Expiration Date Amount Remaning Holdings Nature of Ownership
Common Stock Phantom Stock $0.00 4,085 4,085 Direct
Common Stock PRSUs 2015.1 $0.00 1,422 1,422 Direct
Common Stock PRSUs 2017 $0.00 14,384 14,384 Direct
Common Stock PRSUs 2018 $0.00 14,352 14,352 Direct
Common Stock RSUs 2018 $0.00 2,580 2,580 Direct
Common Stock RSUs 2019 $0.00 2,900 2,900 Direct
Common Stock Stock Appreciation Rights $18.14 2020-01-24 22,000 22,000 Direct
Expiration Date Amount Remaning Holdings Nature of Ownership
4,085 4,085 Direct
1,422 1,422 Direct
14,384 14,384 Direct
14,352 14,352 Direct
2,580 2,580 Direct
2,900 2,900 Direct
2020-01-24 22,000 22,000 Direct
Footnotes
  1. This transaction was executed in multiple trades at prices ranging from $23.90 to $24.16. The price reported reflects the weighted average sale price. Upon request by the Commission staff, the Issuer, or a security holder of the Issuer, the Reporting Person will provide full information regarding the number of shares sold at each separate price within the range set forth in the footnote.
  2. These shares are held by Villa Clare, LP, a limited partnership ("VC") and are also reported herein by West Wesley, LLC, a limited liability company ("WW"), the partnership's general partner. Mr. Smith is the sole manager of WW. Mr. Smith disclaims beneficial ownership of shares held by VC or WW except to the extent of his pecuniary interest therein.
  3. Mr. Smith is a partner in a Georgia limited partnership which beneficially owns these shares of Common Stock. Mr. Smith disclaims beneficial ownership of these shares except to the extent of his pecuniary interest in the partnership.
  4. Performance 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.
  5. 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.
  6. Performance Restricted Stock Units ("PRSUs") award granted 1/23/2015 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 Company's sales performance for each of the four years 2015 -2018. This amount represents the number of performance units earned for fiscal 2018, which were certified by the Nominating, Compensation and Governance Committee on 1/31/2019 and will vest on May 8, 2019.
  7. Performance 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.
  8. Performance Restricted Stock Units ("PRSUs") award granted 1/30/2018 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, 2018. This amount represents the number of performance units earned for fiscal year 2018, which were certified by the Nominating, Compensation and Governance Committee. The performance units vest on February 28, 2021.
  9. Restricted 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.
  10. Restricted Stock Units ("RSUs") award granted 1/31/2019 under the 2014 Long-Term Incentive Plan. RSUs vest ratably over 4 years, beginning 5/8/2020. Each RSU is equivalent to one share of common stock upon vesting.
  11. Stock-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.