HNI CORP — Director's Dealing 2023

Feb 3, 2023

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: HNI CORP (HNI)
CIK: 0000048287
Period of Report: 2023-02-01

Reporting Person: Berger Vincent P (President, HHT; EVP, HNI Corp)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2022-04-01	Common Stock	A	4.766	—	Acquired	63278.436	Direct
2022-07-01	Common Stock	A	5.956	—	Acquired	63284.392	Direct
2022-09-30	Common Stock	A	6.656	—	Acquired	63291.048	Direct
2022-12-30	Common Stock	A	7.24	—	Acquired	63298.288	Direct
2022-12-31	Common Stock	A	191.843	—	Acquired	1649.809	Indirect
2023-02-01	Common Stock	M	2472	$31.79	Acquired	65770.288	Direct
2023-02-01	Common Stock	S	2472	$32.08	Disposed	63298.288	Direct
2023-02-02	Common Stock	M	2150	$31.79	Acquired	65448.288	Direct
2023-02-02	Common Stock	S	2150	$32.24	Disposed	63298.288	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2023-02-01	Non-qualifying employee stock option (right to buy)	$31.79	M	2472	Disposed	2023-02-13	Common Stock (2472.0)	Direct
2023-02-02	Non-qualifying employee stock option (right to buy)	$31.79	M	2150	Disposed	2023-02-13	Common Stock (2150.0)	Direct

Footnotes

F1: These shares were acquired during the fiscal year under the HNI Corporation Members' Stock Purchase Plan.

F2: These shares were acquired under the HNI Corporation Profit-Sharing Retirement Plan.

F3: The sale was effected pursuant to a Rule 10b5-1 trading plan, in accordance with Rule 10b5-1 of the Securities 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 $32.00 - $32.18, 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: The price in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $32.00 - $32.42, 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.