Kurt A. Tjaden - May 5, 2021 Form 4 Insider Report for HNI CORP (HNI)

Role
SVP HNI; President HNI Intl
Signature
/s/ Steven M. Bradford; by Power of Attorney
Stock symbol
HNI
Transactions as of
May 5, 2021
Transactions value $
-$174,532
Form type
4
Date filed
5/7/2021, 09:55 AM
Next filing
Feb 15, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction HNI Common Stock Options Exercise $297K +9.33K +12.45% $31.79 84.3K May 5, 2021 Direct F1
transaction HNI Common Stock Sale -$402K -9.33K -11.07% $43.05 74.9K May 5, 2021 Direct F2
transaction HNI Common Stock Options Exercise $292K +8.4K +11.21% $34.78 83.3K May 5, 2021 Direct F1
transaction HNI Common Stock Sale -$362K -8.4K -10.08% $43.05 74.9K May 5, 2021 Direct F3
holding HNI Common Stock 1.75K May 5, 2021 Profit-Sharing Retirement Plan

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction HNI Non-qualifying employee stock option (right to buy) Options Exercise $0 -9.33K -100% $0.00* 0 May 5, 2021 Common Stock 9.33K $31.79 Direct
transaction HNI Non-qualifying employee stock options (right to buy) Options Exercise $0 -8.4K -100% $0.00* 0 May 5, 2021 Common Stock 8.4K $34.78 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 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 Corporation's policies regarding stock transactions, including its insider trading policy.
F2 The price in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $43.00 - $43.20, 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.
F3 The price in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $43.00 - $43.21, 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.