Zuraitis Marita - Jan 29, 2024 Form 4 Insider Report for HORACE MANN EDUCATORS CORP /DE/ (HMN)

Signature
Linea K. Michael, Attorney in Fact for Marita Zuraitis
Stock symbol
HMN
Transactions as of
Jan 29, 2024
Transactions value $
-$921,411
Form type
4
Date filed
1/31/2024, 04:13 PM
Previous filing
Nov 16, 2023
Next filing
Feb 12, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction HMN Common Stock Sale -$800K -21.6K -7.17% $37.02 280K Jan 29, 2024 Direct F1, F2
transaction HMN Common Stock Options Exercise $757K +26.2K +9.38% $28.88 306K Jan 29, 2024 Direct F3
transaction HMN Common Stock Sale -$974K -26.2K -8.57% $37.14 280K Jan 29, 2024 Direct F2, F4
transaction HMN Common Stock Options Exercise $65.9K +2.28K +0.82% $28.88 282K Jan 29, 2024 Direct F5
transaction HMN Common Stock Sale -$84.8K -2.28K -0.81% $37.15 280K Jan 29, 2024 Direct F2, F6
transaction HMN Common Stock Options Exercise $104K +3.62K +1.29% $28.88 283K Jan 30, 2024 Direct F7
transaction HMN Common Stock Options Exercise $9.07K +314 +0.11% $28.88 284K Jan 30, 2024 Direct F8

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 HMN Employee Stock Option (right to buy) Options Exercise $0 -26.2K -87.87% $0.00 3.62K Jan 29, 2024 Common Stock 26.2K $28.88 Direct
transaction HMN Employee Stock Option (right to buy) Options Exercise $0 -2.28K -87.9% $0.00 314 Jan 29, 2024 Common Stock 2.28K $28.88 Direct
transaction HMN Employee Stock Option (right to buy) Options Exercise $0 -3.62K -100% $0.00* 0 Jan 30, 2024 Common Stock 3.62K $28.88 Direct
transaction HMN Employee Stock Option (right to buy) Options Exercise $0 -314 -100% $0.00* 0 Jan 30, 2024 Common Stock 314 $28.88 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $37.00 to $37.87.
F2 Represents 199,740.947 vested restricted stock units and 79,859 shares of Common Stock.
F3 Represents 199,740.947 vested restricted stock units and 106,075 shares of Common Stock.
F4 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $37.00 to $38.05.
F5 Represents 199,740.947 vested restricted stock units and 82,141 shares of Common Stock.
F6 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $37.00 to $37.89.
F7 Represents 199,740.947 vested restricted stock units and 83,477 shares of Common Stock.
F8 Represents 199,740.947 vested restricted stock units and 83,791 shares of Common Stock.