Filing Details

Accession Number:
0000048287-20-000163
Form Type:
4
Zero Holdings:
No
Publication Time:
2020-11-25 18:15:31
Reporting Period:
2020-11-23
Accepted Time:
2020-11-25 18:15:31
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
48287 Hni Corp HNI Office Furniture (No Wood) (2522) 420617510
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1418317 H Marshall Bridges 600 East Second Street
Muscatine IA 52761
Svp & Chief Financial Officer No Yes No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Acquisiton 2020-11-23 3,255 $31.98 25,362 No 4 M Direct
Common Stock Disposition 2020-11-23 3,255 $37.55 22,107 No 4 S Direct
Common Stock Acquisiton 2020-11-23 3,166 $31.98 25,273 No 4 M Direct
Common Stock Disposition 2020-11-23 3,166 $37.55 22,107 No 4 S Direct
Common Stock Acquisiton 2020-11-23 4,674 $25.46 26,781 No 4 M Direct
Common Stock Disposition 2020-11-23 100 $36.87 26,681 No 4 S Direct
Common Stock Disposition 2020-11-23 4,574 $37.55 22,107 No 4 S Direct
Common Stock Acquisiton 2020-11-24 344 $31.98 22,451 No 4 M Direct
Common Stock Acquisiton 2020-11-24 334 $31.98 22,785 No 4 M Direct
Common Stock Acquisiton 2020-11-24 1,186 $25.46 24,168 No 4 M Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 M Direct
No 4 S Direct
No 4 M Direct
No 4 S Direct
No 4 M Direct
No 4 S Direct
No 4 S Direct
No 4 M Direct
No 4 M Direct
No 4 M Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock Non-qualifying employee stock options (right to buy) Disposition 2020-11-23 3,255 $0.00 3,255 $31.98
Common Non-qualifying employee stock option (right to buy) Disposition 2020-11-23 3,166 $0.00 3,166 $31.98
Common Stock Non-qualifying employee stock options (right to buy) Disposition 2020-11-23 4,674 $0.00 4,674 $25.46
Common Stock Non-qualifying employee stock options (right to buy) Disposition 2020-11-24 344 $0.00 344 $31.98
Common Non-qualifying employee stock option (right to buy) Disposition 2020-11-24 334 $0.00 334 $31.98
Common Stock Non-qualifying employee stock options (right to buy) Disposition 2020-11-24 1,186 $0.00 1,186 $25.46
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
344 2015-02-16 2021-02-16 No 4 M Direct
334 2015-02-16 2021-02-16 No 4 M Direct
1,186 2016-02-15 2022-02-15 No 4 M Direct
0 2015-02-16 2021-02-16 No 4 M Direct
0 2015-02-16 2021-02-16 No 4 M Direct
0 2016-02-15 2022-02-15 No 4 M Direct
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Common Stock 1,145 Indirect Profit Sharing Retirement Plan
Footnotes
  1. The sale was effected pursuant to a Rule 10b5-1 trading plan, in accordance with Rule 10b5-1 of the Securities Exchange Act of 1934, as amended, and HNI's policies regarding stock transactions, including its insider trading policy.
  2. The price in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $37.16 - $37.74, inclusive. The reporting person undertakes to provide HNI Corporation, any security holder of HNI Corporation, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote to this Form 4.
  3. The price in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $37.01 - $37.755, inclusive. The reporting person undertakes to provide HNI Corporation, any security holder of HNI Corporation, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote to this Form 4.
  4. The dollar amount in column 4 is a result of multiple trades at the same price. The reporting person undertakes to provide HNI Corporation, any security holder of HNI Corporation, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at this price.
  5. The price in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $37.02 - $37.74, inclusive. The reporting person undertakes to provide HNI Corporation, any security holder of HNI Corporation, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote to this Form 4.
  6. This is an exercise and hold transaction. This transaction is the second in a two step transaction initiated on November 23, 2020 under a 10b5-1 plan where options were exercised and shares sold to cover taxes and expenses.
  7. The total in column 5 includes 196.721 shares acquired under HNI Corporation Member's Stock Purchase Plan.