SEC Form 4 · accession 0000048287-16-000109
HNI CORP · HNI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Jerald K Dittmer
Officer — Executive Vice President
Period of report
Aug 15, 2016
Accepted (ET)
Aug 16, 2016 · 3:12 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 | Aug 15, 2016 | M | 42,957 | $23.99 | A | 64,376 | D | |
| Common StockF1 | Aug 15, 2016 | S | 42,957 | $53.273 | D | 21,419 | D | |
| Common Stock | holding | — | — | — | 7,025 | I | Profit Sharing Retirement Plan |
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) | $23.99 | Aug 15, 2016 | M | 42,957 | D | Feb 17, 2014 | Feb 17, 2020 | Common Stock | 44,350 | 1,393 | D |
Explanation of responses
- F1The price reported in column 4 is a weighted average. These shares were sold in multiple transactions ranging from $53.25 - $53.30, inclusive. The reporting person undertakes to provide HNI Corporation, any security 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 range set forth in footnote (1) to this Form 4.