SEC Form 4 · accession 0000048287-18-000157
HNI CORP · HNI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Marshall H Bridges
Officer — SVP & Chief Financial Officer
Period of report
Jun 15, 2018
Accepted (ET)
Jun 19, 2018 · 2:25 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 | Jun 15, 2018 | M | 2,500 | $10.36 | A | 11,479 | D | |
| Common StockF3,F4 | Jun 15, 2018 | S | 1,240 | $38.113 | D | 10,313 | D | |
| Common Stock | holding | — | — | — | 804 | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Non-qualifying employee stock option (right to buy) | $10.36 | Jun 15, 2018 | M | 2,500 | D | Feb 23, 2013 | Feb 23, 2019 | Common | 2,500 | 0 | D |
Explanation of responses
- F1The 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.
- F2Reflects the sale to cover exercise price of, and taxes related to, cashless exercise of stock options.
- F3The 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.
- F4The total reported in column 5 includes 74.16 shares acquired under the HNI Corporation Members' Stock Purchase Plan.