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HNI CORP — Director's Dealing 2024
Mar 18, 2024
31633_dirs_2024-03-18_eb610e78-35a3-4acc-a286-d3bcdb5a23c6.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: 2024-03-14
Reporting Person: Berger Vincent P (President, HHT; EVP, HNI Corp)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2024-03-14 | Common Stock | M | 9976 | $32.03 | Acquired | 77000.949 | Direct |
| 2024-03-14 | Common Stock | S | 9976 | $43.01 | Disposed | 67024.949 | Direct |
| 2024-03-15 | Common Stock | M | 1598 | $32.03 | Acquired | 68622.949 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2024-03-14 | Non-qualifying employee stock option (right to buy) | $32.03 | M | 9976 | Disposed | 2026-02-17 | Common Stock (9976) | Direct |
| 2024-03-15 | Non-qualifying employee stock option (right to buy) | $32.03 | M | 1598 | Disposed | 2026-02-17 | Common Stock (1598) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 1921.582 | Indirect |
Footnotes
F1: The price in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $42.61- $43.27, 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 March 14, 2024, under a 10b5-1 plan where options were exercised and shares sold to cover taxes and expenses.