Zuraitis Marita - Oct 17, 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
Oct 17, 2024
Transactions value $
-$653,445
Form type
4
Date filed
10/21/2024, 04:17 PM
Previous filing
Aug 15, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction HMN Common Stock Sale -$592K -16K -5.15% $37.00 294K Oct 17, 2024 Direct F1, F2
transaction HMN Common Stock Options Exercise $798K +24.7K +8.38% $32.35 319K Oct 17, 2024 Direct F1, F3
transaction HMN Common Stock Sale -$915K -24.7K -7.73% $37.10 294K Oct 17, 2024 Direct F1, F2, F4
transaction HMN Common Stock Options Exercise $46.6K +1.44K +0.49% $32.35 296K Oct 17, 2024 Direct F1, F5
transaction HMN Common Stock Sale -$53.4K -1.44K -0.49% $37.09 294K Oct 17, 2024 Direct F1, F2, F6
transaction HMN Common Stock Options Exercise $59.1K +1.83K +0.62% $32.35 296K Oct 18, 2024 Direct F1, F7
transaction HMN Common Stock Options Exercise $3.43K +106 +0.04% $32.35 296K Oct 18, 2024 Direct F1, 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 -24.7K -93.1% $0.00 1.83K Oct 17, 2024 Common Stock 24.7K $32.35 Direct F1
transaction HMN Employee Stock Option (right to buy) Options Exercise $0 -1.44K -93.14% $0.00 106 Oct 17, 2024 Common Stock 1.44K $32.35 Direct F1
transaction HMN Employee Stock Option (right to buy) Options Exercise $0 -1.83K -100% $0.00 0 Oct 18, 2024 Common Stock 1.83K $32.35 Direct F1
transaction HMN Employee Stock Option (right to buy) Options Exercise $0 -106 -100% $0.00 0 Oct 18, 2024 Common Stock 106 $32.35 Direct F1
* 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 trades reported in this Form 4 were effected by a Rule 10b5-1 trading plan adopted by the Reporting Person on March 14, 2024.
F2 Represents 205,655.748 vested restricted stock units and 88,746 shares of Common Stock.
F3 Represents 205,655.748 vested restricted stock units and 113,423 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 $37.35.
F5 Represents 205,655.748 vested restricted stock units and 90,186 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 $37.34.
F7 Represents 205,655.748 vested restricted stock units and 90,574 shares of Common Stock.
F8 Represents 205,655.748 vested restricted stock units and 90,680 shares of Common Stock.