SEC Form 4 · accession 0000048287-16-000083
HNI CORP · HNI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Stanley A Askren
Officer — Chairman, President & CEO · Director
Period of report
Jul 29, 2016
Accepted (ET)
Aug 1, 2016 · 5:05 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000048287
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Jul 29, 2016 | M | 58,676 | $48.66 | A | 254,378 | D | |
| Common StockF1 | Jul 29, 2016 | S | 58,476 | $52.297 | D | 195,902 | D | |
| Common StockF2 | Jul 29, 2016 | S | 200 | $52.915 | D | 195,702 | D | |
| Common Stock | holding | — | — | — | 9,711 | I | Profit Sharing Retirement Plan | |
| Common StockF3 | holding | — | — | — | 657 | I | By Son | |
| Common StockF3 | holding | — | — | — | 657 | I | By Son |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee Stock Options (Right to Buy) | $48.66 | Jul 29, 2016 | M | 58,676 | D | Feb 14, 2011 | Feb 14, 2017 | Common Stock | 58,676 | 0 | D |
Explanation of responses
- F1The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $51.91 - $52.88, 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.
- F2The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $52.91 - $52.92, 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.
- F3Reporting person disclaims beneficial ownership of these shares.