4//SEC Filing
NIEMANN JENNIFER C 4
Accession 0001711504-25-000009
CIK 0001050825other
Filed
Dec 11, 7:00 PM ET
Accepted
Dec 12, 3:21 PM ET
Size
16.0 KB
Accession
0001711504-25-000009
Insider Transaction Report
Form 4
STEELCASE INCNYSE: SCS
Niemann Jennifer C
Director
Transactions
- Disposition to Issuer
Class A Common Stock
2025-12-10−500,550→ 0 total - Disposition to Issuer
Class A Common Stock
2025-12-10−3,491→ 0 total(indirect: By Spouse) - Disposition to Issuer
Class A Common Stock
2025-12-10−106,696→ 0 total(indirect: By Trust) - Disposition to Issuer
Class A Common Stock
2025-12-10−79,512→ 0 total(indirect: By Trust) - Disposition to Issuer
Class A Common Stock
2025-12-10−51,957→ 0 total(indirect: By Trust) - Disposition to Issuer
Class A Common Stock
2025-12-10−1,459,753→ 0 total(indirect: By Partnership) - Disposition to Issuer
Class A Common Stock
2025-12-10−10,000→ 0 total(indirect: By Partnership)
Footnotes (7)
- [F1]On December 10, 2025, pursuant to that certain Agreement and Plan of Merger (the "Merger Agreement"), dated August 3, 2025, by and among HNI Corporation ("HNI"), Steelcase Inc. (the "Issuer"), Geranium Merger Sub I, Inc. and Geranium Merger Sub II, LLC, the Issuer became a wholly owned subsidiary of HNI.
- [F2]At the First Effective Time (as defined in the Merger Agreement), pursuant to the Merger Agreement and subject to certain exceptions, each share of Issuer Class A Common Stock outstanding immediately before the First Effective Time was converted into, at the election of the holder thereof, subject to automatic adjustment, the right to receive the following consideration (collectively with, if applicable, cash in lieu of fractional shares, the "merger consideration"): (i) (a) 0.2192 shares of HNI common stock and (b) $7.20 in cash (together, the "mixed election consideration"); (ii) $16.19 in cash and 0.0009 shares of HNI common stock (the "cash election consideration"); or (iii) 0.3940 shares of HNI common stock (the "stock election consideration").
- [F3]Represents shares held by trusts for the benefit of Ms. Niemann's family members, of which trusts Ms. Niemann's spouse serves as trustee.
- [F4]Represents shares held by trusts for the benefit of Ms. Niemann's family members, of which trusts Ms. Niemann serves as trustee.
- [F5]Represents shares held by a trust for the benefit of Ms. Niemann and her family, of which trust Ms. Niemann serves as co-trustee.
- [F6]Represents shares held by CRASTECOM B Limited Partnership, of which Ms. Niemann is the managing general partner. Ms. Niemann disclaims beneficial ownership of the shares of Class A Common Stock and Class B Common Stock held by CRASTECOM except to the extent of her pecuniary interest therein.
- [F7]Represents shares held by PILACON Limited Partnership, of which Ms. Niemann is the managing partner. Ms. Niemann disclaims beneficial ownership of the shares of Class A Common Stock held by PILACON except to the extent of her pecuniary interest therein.
Documents
Issuer
STEELCASE INC
CIK 0001050825
Entity typeother
Related Parties
1- filerCIK 0001711504
Filing Metadata
- Form type
- 4
- Filed
- Dec 11, 7:00 PM ET
- Accepted
- Dec 12, 3:21 PM ET
- Size
- 16.0 KB