SEC Form 4 · accession 0000048287-17-000204
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
Dec 13, 2017
Accepted (ET)
Dec 15, 2017 · 7:06 pm EST
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 | Dec 13, 2017 | M | 4,756 | $10.36 | A | 224,994 | D | |
| Common Stock | Dec 13, 2017 | S | 3,025 | $34.90 | D | 221,969 | D | |
| Common Stock | holding | — | — | — | 10,064 | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Non-qualifying employee stock option (right to buy) | $10.36 | Dec 13, 2017 | M | 4,756 | D | Feb 23, 2013 | Feb 23, 2019 | Common Stock | 4,756 | 0 | D |
Explanation of responses
- F1Reflects the sale to cover exercise price of, and taxes related to, cashless exercise of stock options.
- F2The sale was effected pursuant to a Rule 10b5-1 of the Securities and Exchange Act of 1934, as amended, and HNI's policies regarding stock transactions, including its insider trading policy.
- F3Reporting person disclaims beneficial ownership of these shares.