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HNI CORP — Director's Dealing 2017
Oct 19, 2017
31633_dirs_2017-10-19_b20a79ac-c8d0-4eda-bdde-cb15cf550490.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: HNI CORP (HNI)
CIK: 0000048287
Period of Report: 2017-10-17
Reporting Person: ASKREN STANLEY A (Director, Chairman, President & CEO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2017-10-17 | Common Stock | M | 12000 | $10.36 | Acquired | 217892.28 | Direct |
| 2017-10-17 | Common Stock | S | 12000 | $42.416 | Disposed | 205892.28 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2017-10-17 | Non-qualifying employee stock option (right to buy) | $10.36 | M | 12000 | Disposed | 2019-02-23 | Common Stock (12000.0) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 10063.71 | Indirect |
| Common Stock | 657 | Indirect |
| Common Stock | 657 | Indirect |
Footnotes
F1: The total reported in column 5 includes reinvested dividends of 548.9157 shares acquired by the reporting person under the Corporations' Executive Deferred Compensation Plan.
F2: The total reported in column 5 includes 347.6034 shares acquired under the HNI Corporation Members' Stock Purchase Plan.
F3: The sale was effected pursuant to Rule 10b5-1 of the Securities and Exchange Act of 1934, as amended, and HNI's policies regarding stock transactions, including its insider trading policy.
F4: The price in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $42.03 - $42.78, 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 this footnote to this Form 4.
F5: Reporting person disclaims beneficial ownership of these shares.