RONALD WATERS V. - 06 Apr 2022 Form 4 Insider Report for HNI CORP (HNI)

Role
Director
Signature
/s/ Steven M. Bradford, By Power of Attorney
Issuer symbol
HNI
Transactions as of
06 Apr 2022
Net transactions value
-$173,850
Form type
4
Filing time
07 Apr 2022, 19:05:36 UTC
Previous filing
09 Feb 2022
Next filing
05 May 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction HNI Common Stock Sale $173,850 -5,000 -19% $34.77 21,563 06 Apr 2022 Direct F1, F2, F3, F4
holding HNI Common Stock 10,630 06 Apr 2022 By Trust
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 This 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 $34.71 - $34.89, 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 shares are held by the Ronald V. Waters III Revocable Trust and the reporting person is the grantor and trustee of the trust.
F4 The total reported in column 5 includes reinvested dividends of 273.2116 shares.