UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 OR 15(d)
of the Securities Exchange Act of 1934
Date of Report : December 22, 2004
(Date of earliest event reported: December 20, 2004)
HAVERTY FURNITURE COMPANIES, INC.
(Exact name of registrant as specified in its charter)
Maryland 1-14445 58-0281900
(State or other (Commission (I.R.S.
jurisdiction of File Number) Employer
incorporation or Identification
organization) No.)
780 Johnson Ferry Road,
Suite 800,
Atlanta, Georgia 30342
(Address of principal executive officers) ( Zip Code)
Telephone number, including area code: (404) 443-2900
Check the appropriate box below if the Form 8-K filing is
intended to simultaneously satisfy the filing obligation of the
registrant under any of the following provisions (see General
Instruction A.2. below):
[ ] Written communications pursuant to Rule 425 under the Securities
Act (17 CFR 230.425)
[ ] Soliciting material pursuant to Rule 14a-12 under the Exchange
Act (17CFR240.14a-12)
[ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the
Exchange Act (17CFR240.14d-2(b))
[ ] Pre-commencement communications pursuant to Rule 13e-4(c) under
the Exchange Act (17CFR240.13e-4(c))
Item 1.01. Entry into a Material Definitive Agreement
------------------------------------------
On December 20, 2004, the Executive Compensation and
Employee Benefits Committee (the "Committee") of the Haverty
Furniture Companies, Inc. ("Havertys") Board of Directors made a
number of restricted stock awards to certain Havertys executives
and key managers, including the following:
Number of
Restricted
Name Shares Awarded
------------------ ------------------
Clarence R. Ridley 15,000
Clarence H. Smith 20,000
Dennis L. Fink 10,000
M. Tony Wilkerson 8,000
Rawson Haverty, Jr. 7,000
The restricted stock awards were made pursuant to Havertys' 2004
Long-Term Incentive Plan (the "Plan"), which was filed with the
Securities and Exchange Commission with Havertys' 2004 Proxy
Statement. A form of the restricted stock award notice is filed
with this Current Report as Exhibit 10.1.
The restricted shares vest in accordance with the schedule set
forth in the restricted stock award notice. The vesting of the
shares may be accelerated if the earnings per share goal set by
the Committee is achieved. If the recipient voluntarily resigns
or is terminated for cause as defined in the Plan, any non-vested
restricted shares will be forfeited. If the recipient's
employment is ended because of death or disability as defined in
the Plan, the award will immediately vest. The restricted shares
may not be sold, assigned, transferred, pledged or otherwise
disposed of by the recipient until they vest. Recipients are not
entitled to receive any cash dividends and have no voting rights
with respect to the restricted shares until the restrictions
lapse.
Item 9.01. Financial Statements, Pro Forma Financial Information
and Exhibits
-----------------------------------------------------
(c) Exhibits
10.1 Form of Restricted Stock Award Notice
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of
1934, the registrant has duly caused this report to be signed on
its behalf by the undersigned hereunto duly authorized.
HAVERTY FURNITURE COMPANIES, INC.
December 22, 2004 By: /s/ Jenny H. Parker
-------------------------
Jenny H. Parker
Vice President, Secretary
and Treasurer
EXHIBIT INDEX
10.1 Form of Restricted Stock Award Notice