HAVERTY FURNITURE COMPANIES INC 4
4 · HAVERTY FURNITURE COMPANIES INC · Filed May 18, 2017
Insider Transaction Report
Form 4
FINK DENNIS L
Executive Vice President & CFO
Transactions
- Exercise/Conversion
Common Stock
2017-05-17+14,000→ 154,599 total - Tax Payment
Common Stock
2017-05-17$23.45/sh−12,141$284,706→ 142,458 total - Exercise/Conversion
Stock Appreciation Rights
2017-05-17−14,000→ 0 totalExercise: $18.14Exp: 2020-01-24→ Common Stock (14,000 underlying)
Holdings
- 985
RSUs 2014
→ Common Stock (985 underlying) - 4,831
PRSUs 2015
→ Common Stock (4,831 underlying) - 32,352
Class A Common Stock
- 2,437
RSUs 2015
→ Common Stock (2,437 underlying) - 8,285
PRSUs 2016
→ Common Stock (8,285 underlying)
Footnotes (5)
- [F1]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.
- [F2]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 EBITDA for the year ended December 31, 2015. This amount represents the number of performance units earned for fiscal year 2015, which were certified by the Executive Compensation and Employee Benefits Committee on 1/26/2016. The performance units vest on February 28, 2018.
- [F3]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.
- [F4]Restricted 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.
- [F5]Restricted 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.