Jeffrey D. Lorenger - Feb 15, 2023 Form 4 Insider Report for HNI CORP (HNI)

Role
President & CEO, Director
Signature
/s/ Steven M. Bradford, By Power of Attoney
Stock symbol
HNI
Transactions as of
Feb 15, 2023
Transactions value $
-$363,363
Form type
4
Date filed
2/17/2023, 11:31 AM
Previous filing
Feb 14, 2023
Next filing
Nov 3, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction HNI Common Stock Award $0 +56.5K +22.76% $0.00 305K Feb 15, 2023 Direct F1
transaction HNI Common Stock Tax liability -$189K -6.01K -1.97% $31.46 299K Feb 16, 2023 Direct F2
transaction HNI Common Stock Tax liability -$174K -5.54K -1.85% $31.46 293K Feb 16, 2023 Direct F2
holding HNI Common Stock 6.72K Feb 15, 2023 Profit Sharing Retirement Plan
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Reflects shares of Common Stock of Issuer underlying Restricted Stock Units granted under the Issuer's 2017 Stock-Based Compensation Plan convertible to such Common Stock subject to 3-year ratable vesting.
F2 These shares were withheld by Issuer to cover taxes upon vesting of restricted stock units that vested on February 16, 2023. No shares were sold.