Vincent P. Berger - 03 Feb 2023 Form 4 Insider Report for HNI CORP (HNI)

Signature
/s/ Steven M. Bradford, By Power of Attorney
Issuer symbol
HNI
Transactions as of
03 Feb 2023
Net transactions value
+$191
Form type
4
Filing time
06 Feb 2023, 13:36:32 UTC
Previous filing
03 Feb 2023
Next filing
14 Feb 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction HNI Common Stock Options Exercise $191 +6 +0.01% $31.79 63,304 03 Feb 2023 Direct F1
holding HNI Common Stock 1,650 03 Feb 2023 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 -6 -100% $0.000000* 0 03 Feb 2023 Common Stock 6 $31.79 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 This is an exercise and hold transaction. This transaction is the second in a two step transaction initiated on February 2, 2023 under a 10b5-1 plan where options were exercised and shares sold to cover taxes and expenses.