HNI CFO granted 10,299 RSUs in stock award
HNI CORP executive Vincent P. Berger reported an equity award of 10,299 shares of Common Stock-equivalent Restricted Stock Units.
Rhea-AI Filing Summary
HNI CORP executive Vincent P. Berger reported an equity award of 10,299 shares of Common Stock-equivalent Restricted Stock Units. The grant was made at a price of $0.00 per share under the company’s 2017 Stock-Based Compensation Plan.
The Restricted Stock Units convert into Common Stock in three equal annual installments starting on the first anniversary of the grant date, contingent on Berger’s continued service on each vesting date. Following the award, he directly holds 94,299.492 Common Stock shares and indirectly holds 2,188.771 shares through a Profit-Sharing Retirement Plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 10,299 | $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
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did HNI (HNI) executive Vincent P. Berger report on this Form 4?
How do Vincent P. Berger’s new HNI Restricted Stock Units vest?
What plan governs the Restricted Stock Units granted to HNI’s CFO?
Are all of Vincent P. Berger’s reported HNI holdings directly owned?
AI-generated analysis. How Rhea-AI works. Not financial advice.