Jennifer Petersen - Sep 1, 2024 Form 3 Insider Report for HNI CORP (HNI)

Role
VP, Member Relations
Signature
/s/ Steven M. Bradford as attorney-in-fact for Jennifer Petersen
Stock symbol
HNI
Transactions as of
Sep 1, 2024
Transactions value $
$0
Form type
3
Date filed
9/9/2024, 02:31 PM

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding HNI Common Stock 4.56K Sep 1, 2024 Direct F1
holding HNI Common Stock 1.54K Sep 1, 2024 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
holding HNI Non-qualifying employee stock options (right to buy) Sep 1, 2024 Common Stock 616 $46.62 Direct F2
holding HNI Non-qualifying employee stock options (right to buy) Sep 1, 2024 Common Stock 868 $38.68 Direct F2
holding HNI Non-qualifying employee stock options (right to buy) Sep 1, 2024 Common Stock 1.99K $39.77 Direct F2
holding HNI Performance Standard Units Sep 1, 2024 Common Stock 1.34K $0.00 Direct F3
holding HNI Performance Standard Units Sep 1, 2024 Common Stock 2.51K $0.00 Direct F4
holding HNI Performance Standard Units Sep 1, 2024 Common Stock 2.03K $0.00 Direct F5
holding HNI Performance Standard Units Sep 1, 2024 Common Stock 408 $0.00 Direct F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents 4,562 shares of Common Stock underlying restricted stock units ("RSUs") as follows: (a) 446 RSUs granted on February 16, 2022, which vest on February 16, 2025; (b) 1,674 RSUs granted on February 15, 2023, which vest in two equal annual installments on February 15, 2025 and February 15, 2026; (c) 2,034 RSUs granted on February 14, 2024, which vest in three equal annual installments on February 14, 2025, February 14, 2026, and February 14, 2027; and (d) 408 RSUs granted on August 12, 2024, which vest in three equal annual installments on February 14, 2025, February 14, 2026 and February 14, 2027.
F2 The option became fully vested and exercisable in one installment on the fourth anniversary of the grant date.
F3 On February 16, 2022, the reporting person was granted performance standard units to become fully vested on December 31, 2024. These shares will not be distributed until after HNI Corporation's February 2025 Board Meeting and only upon achievement of performance goals.
F4 On February 15, 2023, the reporting person was granted performance standard units to become fully vested on December 31, 2025. These shares will not be distributed until after HNI Corporation's February 2026 Board Meeting and only upon achievement of performance goals.
F5 On February 14, 2024, the reporting person was granted performance standard units to become fully vested on December 31, 2026. These shares will not be distributed until after HNI Corporation's February 2027 Board Meeting and only upon achievement of performance goals.
F6 On August 12, 2024, the reporting person was granted performance standard units to become fully vested on December 31, 2026. These shares will not be distributed until after HNI Corporation's February 2027 Board Meeting and only upon achievement of performance goals.

Remarks:

Exhibit List - Exhibit 24 - Power of Attorney