FORM 4 |
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940 |
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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b). |
1. Name and Address of Reporting Person*
(Street)
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2. Issuer Name and Ticker or Trading Symbol
HAVERTY FURNITURE COMPANIES INC [ HVT ] |
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
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3. Date of Earliest Transaction
(Month/Day/Year) 05/11/2007 | ||||||||||||||||||||||||||
4. If Amendment, Date of Original Filed
(Month/Day/Year) |
6. Individual or Joint/Group Filing (Check Applicable Line)
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Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned | ||||||||||
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1. Title of Security (Instr. 3) | 2. Transaction Date (Month/Day/Year) | 2A. Deemed Execution Date, if any (Month/Day/Year) | 3. Transaction Code (Instr. 8) | 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) | 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) | 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) | 7. Nature of Indirect Beneficial Ownership (Instr. 4) | |||
Code | V | Amount | (A) or (D) | Price | ||||||
Class A Common Stock | 05/11/2007 | W | V | 666 | A | $0 | 75,796 | D | ||
Class A Common Stock | 05/24/2007 | G(1) | V | 10,000 | D | $0 | 65,796 | D | ||
Common Stock | 05/11/2007 | W | V | 288 | A | $0 | 89,173 | D | ||
Class A Common Stock | 1,950 | I | BY SPOUSE | |||||||
Common Stock | 6,900 | I | BY SPOUSE | |||||||
Class A Common Stock | 598,835(1) | I | By Villa Clare, LP | |||||||
Class A Common Stock | 6,000(1) | I | By West Wesley, LLC |
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities) | |||||||||||||||
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1. Title of Derivative Security (Instr. 3) | 2. Conversion or Exercise Price of Derivative Security | 3. Transaction Date (Month/Day/Year) | 3A. Deemed Execution Date, if any (Month/Day/Year) | 4. Transaction Code (Instr. 8) | 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) | 6. Date Exercisable and Expiration Date (Month/Day/Year) | 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) | 8. Price of Derivative Security (Instr. 5) | 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) | 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) | 11. Nature of Indirect Beneficial Ownership (Instr. 4) | ||||
Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||||||
Phantom Stock | $0 | (2) | (2) | Common Stock | 3,059 | 3,059 | D | ||||||||
Stock Options (Right to buy) | $10.125 | 10/21/1999 | 12/16/2008 | Common Stock | 6,000 | 6,000 | D | ||||||||
Stock Options (Right to buy) | $11.625 | 04/30/2002 | 10/26/2010 | Common Stock | 12,284 | 12,284 | D | ||||||||
Stock Options (Right to buy) | $12.9 | 04/30/2004 | 12/19/2012 | Common Stock | 22,000 | 22,000 | D | ||||||||
Stock Options (Right to buy) | $13.875 | 10/21/2000 | 10/21/2009 | Common Stock | 25,000 | 25,000 | D | ||||||||
Stock Options (Right to buy) | $15.94 | 04/30/2003 | 12/20/2011 | Common Stock | 30,000 | 30,000 | D | ||||||||
Stock Options (Right to buy) | $20.3 | 04/30/2005 | 12/09/2010 | Common Stock | 25,000 | 25,000 | D |
Explanation of Responses: |
1. Commencing on May 24, 2007, Mr. Smith and certain members of his family entered into a series of transactions pursuant to the formation of West Wesley Associates, LLC, a limited liability company ("WW") and Villa Clare Partners, L.P., a limited partnership ("VC"). Mr. Smith and his family members contributed shares of Class A Common Stock of Haverty Furniture Companies, Inc. ("Havertys shares") to WW of which Mr. Smith is the sole manager. WW contributed all of its Havertys shares and Mr. Smith and his family members contributed additional Havertys shares to VC. WW is the General Partner of VC and Mr. Smith and his family members are limited partners and received percentage interests in VC in accordance with their relative contributions. Mr. Smith contributed 2,000 and 8,000 shares to WW and VC, respectively and disclaims beneficial ownership of shares held by WW or VC except to the extent of his pecuniary interest therein. |
2. 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. |
Jenny H. Parker, Attorney-in-Fact | 05/29/2007 | |
** Signature of Reporting Person | Date | |
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | ||
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v). | ||
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). | ||
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure. | ||
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number. |