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
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
- 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.
- 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.
- 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.
- 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.
- 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.
- 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.
- The total in column 5 includes 196.721 shares acquired under HNI Corporation Member's Stock Purchase Plan.
Billionaire Hedge Funds
