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HNI CORP — Director's Dealing 2024
Aug 21, 2024
31633_dirs_2024-08-21_57b5a0be-1fe5-47e9-a27b-512ca46a7c38.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: 2024-08-19
Reporting Person: Berger Vincent P (President, HHT; EVP, HNI Corp)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2024-08-19 | Common Stock | M | 6101 | $44.04 | Acquired | 74723.949 | Direct |
| 2024-08-19 | Common Stock | S | 6101 | $51.34 | Disposed | 68622.949 | Direct |
| 2024-08-19 | Common Stock | M | 31889 | $38.68 | Acquired | 100511.949 | Direct |
| 2024-08-19 | Common Stock | S | 31889 | $51.31 | Disposed | 68622.949 | Direct |
| 2024-08-19 | Common Stock | M | 35624 | $39.77 | Acquired | 104246.949 | Direct |
| 2024-08-19 | Common Stock | S | 35624 | $51.32 | Disposed | 68622.949 | Direct |
| 2024-08-20 | Common Stock | M | 493 | $44.04 | Acquired | 69115.949 | Direct |
| 2024-08-20 | Common Stock | M | 4848 | $38.68 | Acquired | 73963.949 | Direct |
| 2024-08-20 | Common Stock | M | 4876 | $39.77 | Acquired | 78839.949 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2024-08-19 | Non-qualifying employee stock options (right to buy) | $44.04 | M | 6101 | Disposed | 2026-05-10 | Common Stock (6101) | Direct |
| 2024-08-19 | Non-qualifying employee stock options (right to buy) | $38.68 | M | 31889 | Disposed | 2028-02-14 | Common Stock (31889) | Direct |
| 2024-08-19 | Non-qualifying employee stock options (right to buy) | $39.77 | M | 35624 | Disposed | 2029-02-13 | Common Stock (35624) | Direct |
| 2024-08-20 | Non-qualifying employee stock options (right to buy) | $44.04 | M | 493 | Disposed | 2026-05-10 | Common Stock (493) | Direct |
| 2024-08-20 | Non-qualifying employee stock options (right to buy) | $38.68 | M | 4848 | Disposed | 2028-02-14 | Common Stock (4848) | Direct |
| 2024-08-20 | Non-qualifying employee stock options (right to buy) | $39.77 | M | 4876 | Disposed | 2029-02-13 | Common Stock (4876) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 1921.582 | Indirect |
Footnotes
F1: The transactions reported in this Form 4 were effected pursuant to a Rule 10b5-1 plan adopted on May 20, 2024 (the "Plan").
F2: The price in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $51.09 - $51.52, 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 footnotes 2,3 and 4 to this Form 4.
F3: The price in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $51.03 - $51.52, inclusive.
F4: The price in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $51.01 - $51.53, inclusive.
F5: This transaction is the second in a two step transaction initiated on August 19,2024, under the Plan where options were exercised and a portion of the shares received were sold to cover taxes and expenses.