HNI (HNI) executive Hagedorn received 188.72 shares

Insider transactions reported

Jason Dean Hagedorn (executive at HNI Corporation, HNI) reported that they received 188.72 shares, and acquired 863 shares at $36.95, and gave up 308 shares at $36.95 to cover taxes or an exercise price between Feb 12, 2021 and Dec 31, 2021. After these transactions the filing shows 16,678.63 shares held directly.

Reporting person

Hagedorn Jason Dean

Holdings before and after

• Common Stock: 15,925.925 to 16,678.627 direct

Other positions listed

• Common Stock: 763.253 indirect, Profit-Sharing Retirement Plan

Footnotes from the filing

1. 1. Represents the conversion of Restricted Stock Units into Common Stock. On February 12, 2020, the reporting person was granted 2,590 Restricted Stock Units ( 2020 Grant ) to vest one-third per year in equal installments beginning on the first anniversary of the grant date. The first installment of 863 fully vested on February 12, 2021.
2. 2. These shares were withheld by the Issuer to cover taxes upon vesting of the aggregate 555 shares of Common Stock that vested on February 12, 2021 pursuant to the 2020 Grant.
3. 3. These shares were acquired during the fiscal year under the HNI Corporation Members' Stock Purchase Plan.
4. 4. The total in column 5 includes reinvested dividends of 8.98 shares.
5. 5. The total is column 5 includes 179.763 shares acquired under the HNI Corporation Profit-Sharing Retirement Plan.
6. 6. Each restricted stock unit represents a contingent right to receive one share of Issuer's Common Stock.
7. 7. On February 12, 2020, the reporting person was granted 2,590 Restricted Stock Units, vesting one-third per year in equal installments over a three year period, starting on the first anniversary of the 2020 Grant. The first installment of Restricted Stock Units vested on February 12, 2021. The second installment of Restricted United vested on February 12, 2022. The remaining Restricted Units will vest on February 12, 2023.

Transaction codes in this filing

Grant or award:

Code A marks a grant or award from the company under an exempt employee or director plan. Usually nothing is paid for it.

Exercise or conversion of a derivative:

Code M marks the exercise or conversion of an option or other derivative under an exempt plan.

Shares withheld for taxes or exercise price:

Code F marks shares handed back or withheld to pay taxes or an exercise price. No sale happens in the market.

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