Jeffrey D. Lorenger - Feb 22, 2024 Form 4 Insider Report for HNI CORP (HNI)

Role
President & CEO, Director
Signature
/s/ Steven M. Bradford, By Power or Attorney
Stock symbol
HNI
Transactions as of
Feb 22, 2024
Transactions value $
-$511,045
Form type
4
Date filed
2/23/2024, 04:37 PM
Previous filing
Feb 20, 2024
Next filing
Mar 26, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction HNI Common Stock Award $0 +27.3K +9.67% $0.00 309K Feb 22, 2024 Direct F1
transaction HNI Common Stock Tax liability -$511K -12.4K -4% $41.34 297K Feb 22, 2024 Direct F2
holding HNI Common Stock 7.11K Feb 22, 2024 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 Performance Stock Units granted under Issuer's 2017 Stock-Based Compensation Plan convertible to such Common Stock subject to a 3-year performance period that vested on February 22, 2024.
F2 These shares were withheld by Issuer to cover taxes upon vesting of Performance Stock Units that vested on February 22, 2024. No shares were sold.