Steven M. Bradford - Nov 5, 2021 Form 4 Insider Report for HNI CORP (HNI)

Role: Sr. VP, Gen. Counsel & Sec.
Signature: /s/ Steven M. Bradford
Stock symbol: HNI
Transactions as of: Nov 5, 2021
Transactions value $: -$92,681
Form type: 4
Date filed: 11/8/2021, 01:16 PM
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	$336K	+10.6K	+19.32%	$31.79	65.4K	Nov 5, 2021	Direct
transaction	HNI	Common Stock	Sale	-$429K	-10.6K	-16.19%	$40.55	54.8K	Nov 5, 2021	Direct	F1, F2
holding	HNI	Common Stock						1.89K	Nov 5, 2021	Profit-Sharing Retirement Plan

Showing 1 to 3 of 3 entries

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 options (right to buy)	Options Exercise	$0	-10.6K	-100%	$0.00^*	0	Nov 5, 2021	Common Stock	10.6K	$31.79	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'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 $40.06 - $40.91, 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.

Content

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's policies regarding stock transactions, including its insider trading policy.

The price in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $40.06 - $40.91, 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.