HNI CORP — Director's Dealing 2023

Nov 14, 2023

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: HNI CORP (HNI)
CIK: 0000048287
Period of Report: 2023-11-10

Reporting Person: Bridges Marshall H (SVP & Chief Financial Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2023-11-10	Common Stock	M	4999	$34.78	Acquired	86105.452	Direct
2023-11-10	Common Stock	S	4999	$37.93	Disposed	81106.452	Direct
2023-11-13	Common Stock	M	221	$34.78	Acquired	81595.872	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2023-11-10	Non-qualifying employee stock option (right to buy)	$34.78	M	4999	Disposed	2024-02-12	Common Stock (4999)	Direct
2023-11-13	Non-qualifying employee stock option (right to buy)	$34.78	M	221	Disposed	2024-02-12	Common Stock (221)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	1740.688	Indirect

Footnotes

F1: The price in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $37.605 - $38.07, 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.

F2: This is an exercise and hold transaction. This transaction is the second in a two step transaction initiated on November 10, 2023, under a 10b5-1 plan where options were exercised and shares sold to cover taxes and expenses.

F3: The total in column 5 includes 268.42 shares acquired under HNI Corporation Member's Stock Purchase Plan.