HNI CORP — Director's Dealing 2016

Jul 28, 2016

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: HNI CORP (HNI)
CIK: 0000048287
Period of Report: 2016-07-26

Reporting Person: DITTMER JERALD K (Executive Vice President)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2016-07-26	Common Stock	M	10463	$48.66	Acquired	31881.728	Direct
2016-07-26	Common Stock	S	10463	$51.959	Disposed	21418.728	Direct
2016-07-26	Common Stock	M	36364	$23.99	Acquired	57782.728	Direct
2016-07-26	Common Stock	S	36364	$52.029	Disposed	21418.728	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2016-07-26	Employee Stock Options (Right to Buy)	$48.66	M	10463	Disposed	2017-02-14	Common Stock (10463.0)	Direct
2016-07-26	Employee Stock Options (Right to Buy)	$23.99	M	36364	Disposed	2020-02-17	Common Stock (36364.0)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	7024.9509	Indirect

Footnotes

F1: The total reported in Column 5 has been adjusted to correct an overstatement of direct holdings by 52.647 shares first reflected in a Form 4 filed on January 2, 2015.

F2: An interim grant of 1,816 shares was made to the reporting person on February 29, 2016 under the HNI Corporation Supplemental Income Plan for which no Form 4 is required.

F3: The price reported in column 4 is a weighted average. These shares were sold in multiple transactions at prices ranging from $51.76 - $52.20, inclusive. The reporting person undertakes to provide HNI Corporation, any security holder of HNI Corporation, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnote (3) to this Form 4.

F4: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $51.99 - $52.22, inclusive. The reporting person undertakes to provide HNI Corporation, any security holder of HNI Corporation, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnote (4) to this Form 4.