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
- 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.
- 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.
- 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.
- 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.
- 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.
- 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.
- 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.
- 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.
- 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.
- 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.
- 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.
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