HNI COO awarded 6,856 restricted stock units
HNI Corporation Chief Operating Officer Bishop Brandon Bullock reported an equity award of 6,856 shares of Common Stock, received as restricted stock units at a price of $0.00 per share.
Rhea-AI Filing Summary
HNI Corporation Chief Operating Officer Bishop Brandon Bullock reported an equity award of 6,856 shares of Common Stock, received as restricted stock units at a price of $0.00 per share. These units were granted under HNI’s 2017 Stock-Based Compensation Plan and convert into common shares in three equal annual installments beginning on the first anniversary of the grant date, assuming he remains in service on each vesting date. After this grant, he directly holds 36,096 shares and indirectly holds 598.598 shares through a profit-sharing retirement plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 6,856 | $0.00 | $0.00 |
| holding | Common Stock | -- | -- | -- |
Footnotes (1)
- F1. Reflects shares of Common Stock of Issuer underlying Restricted Stock Units granted under the Issuer's 2017 Stock-Based Compensation Plan convertible to such Common Stock subject to vesting in three equal annual installments commencing on the first anniversary of the grant date, subject to the reporting person's continued service on each applicable vesting date.
FAQ
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What insider transaction did HNI (HNI) COO Bishop Brandon Bullock report?
What are the vesting terms of the COO’s new HNI restricted stock units?
Under which plan were the HNI (HNI) restricted stock units granted to the COO?
AI-generated analysis. How Rhea-AI works. Not financial advice.