Berger Vincent P 4
4 · HNI CORP · Filed Oct 18, 2024
Insider Transaction Report
Form 4
HNI CORPHNI
Berger Vincent P
EVP & Chief Financial Officer
Transactions
- Sale
Common Stock
2024-10-17$55.07/sh−1,247$68,672→ 78,839.949 total - Exercise/Conversion
Common Stock
2024-10-17$46.62/sh+4,611$214,965→ 83,450.949 total - Exercise/Conversion
Non-qualifying employee stock option (right to buy)
2024-10-17−1,247→ 164 totalExercise: $51.54From: 2019-02-18Exp: 2025-02-18→ Common Stock (1,247 underlying) - Exercise/Conversion
Non-qualifying employee stock option (right to buy)
2024-10-18−164→ 0 totalExercise: $51.54From: 2019-02-18Exp: 2025-02-18→ Common Stock (164 underlying) - Exercise/Conversion
Common Stock
2024-10-16$51.54/sh+3,554$183,173→ 82,393.949 total - Sale
Common Stock
2024-10-16$55.03/sh−3,554$195,577→ 78,839.949 total - Exercise/Conversion
Common Stock
2024-10-17$51.54/sh+1,247$64,270→ 80,086.949 total - Exercise/Conversion
Non-qualifying employee stock option (right to buy)
2024-10-16−14,242→ 6,291 totalExercise: $46.62From: 2021-02-15Exp: 2027-02-15→ Common Stock (14,242 underlying) - Exercise/Conversion
Common Stock
2024-10-16$46.62/sh+14,242$663,962→ 93,081.949 total - Sale
Common Stock
2024-10-16$55.03/sh−14,242$783,737→ 78,839.949 total - Sale
Common Stock
2024-10-17$55.15/sh−4,611$254,297→ 78,839.949 total - Exercise/Conversion
Common Stock
2024-10-18$51.54/sh+164$8,453→ 79,003.949 total - Exercise/Conversion
Non-qualifying employee stock option (right to buy)
2024-10-16−3,554→ 1,411 totalExercise: $51.54From: 2019-02-18Exp: 2025-02-18→ Common Stock (3,554 underlying) - Exercise/Conversion
Non-qualifying employee stock option (right to buy)
2024-10-17−4,611→ 1,680 totalExercise: $46.62From: 2021-02-15Exp: 2027-02-15→ Common Stock (4,611 underlying) - Exercise/Conversion
Common Stock
2024-10-18$46.62/sh+1,680$78,322→ 80,683.949 total - Exercise/Conversion
Non-qualifying employee stock option (right to buy)
2024-10-18−1,680→ 0 totalExercise: $46.62From: 2021-02-15Exp: 2027-02-15→ Common Stock (1,680 underlying)
Holdings
- 1,921.582(indirect: Profit-Sharing Retirement Plan)
Common Stock
Footnotes (5)
- [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 $55.00 - $55.13, 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 is column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $55.00 - $55.11, inclusive.
- [F4]The price in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $55.00 - $55.59, inclusive.
- [F5]This transaction is the second in a two step transaction initiated on October 16, 2024, under the Plan where options were exercised and a portion of the shares received were sold to cover taxes and expenses.