President & CEO Zuraitis Marita exercised 83,916 shares at a strike of $31.01, covered exercise/tax liability with 1,785 shares and sold $2,900,307 worth of shares (69,925 units at $41.48), increasing direct ownership by 4% to 304,542 units (SEC Form 4)
$HMN
Property-Casualty Insurers
Finance
| FORM 4 |
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940 |
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| Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b). | |||||||||||||||||
| Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10. | |||||||||||||||||
1. Name and Address of Reporting Person*
(Street)
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2. Issuer Name and Ticker or Trading Symbol
HORACE MANN EDUCATORS CORP /DE/ [ HMN ] |
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
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3. Date of Earliest Transaction
(Month/Day/Year) 11/07/2024 | ||||||||||||||||||||||||||
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4. If Amendment, Date of Original Filed
(Month/Day/Year) |
6. Individual or Joint/Group Filing (Check Applicable Line)
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| Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned | ||||||||||
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| 1. Title of Security (Instr. 3) | 2. Transaction Date (Month/Day/Year) | 2A. Deemed Execution Date, if any (Month/Day/Year) | 3. Transaction Code (Instr. 8) | 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) | 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) | 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) | 7. Nature of Indirect Beneficial Ownership (Instr. 4) | |||
| Code | V | Amount | (A) or (D) | Price | ||||||
| Common Stock | 11/07/2024 | M | 2,418 | A | $31.01 | 294,753.748(1) | D | |||
| Common Stock | 11/07/2024 | F | 1,785(2) | D | $41.99 | 292,968.748(3) | D | |||
| Common Stock | 11/07/2024 | M | 806 | A | $31.01 | 293,774.748(4) | D | |||
| Common Stock | 11/07/2024 | S | 691 | D | $42.035 | 293,083.748(5) | D | |||
| Common Stock | 11/07/2024 | M | 20,000 | A | $31.01 | 313,083.748(6) | D | |||
| Common Stock | 11/07/2024 | S | 17,107 | D | $41.724(7) | 295,976.748(8) | D | |||
| Common Stock | 11/08/2024 | M | 20,000 | A | $31.01 | 315,976.748(9) | D | |||
| Common Stock | 11/08/2024 | S | 17,213 | D | $41.063(10) | 298,763.748(11) | D | |||
| Common Stock | 11/08/2024 | M | 20,000 | A | $31.01 | 318,763.748(12) | D | |||
| Common Stock | 11/08/2024 | S | 17,285 | D | $40.872(13) | 301,478.748(14) | D | |||
| Common Stock | 11/11/2024 | M | 10,346 | A | $31.01 | 311,824.748(15) | D | |||
| Common Stock | 11/11/2024 | S | 8,808 | D | $42.33 | 303,016.748(16) | D | |||
| Common Stock | 11/11/2024 | M | 10,346 | A | $31.01 | 313,362.748(17) | D | |||
| Common Stock | 11/11/2024 | S | 8,821 | D | $42.099(18) | 304,541.748(19) | D | |||
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Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities) | |||||||||||||||
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| 1. Title of Derivative Security (Instr. 3) | 2. Conversion or Exercise Price of Derivative Security | 3. Transaction Date (Month/Day/Year) | 3A. Deemed Execution Date, if any (Month/Day/Year) | 4. Transaction Code (Instr. 8) | 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) | 6. Date Exercisable and Expiration Date (Month/Day/Year) | 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) | 8. Price of Derivative Security (Instr. 5) | 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) | 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) | 11. Nature of Indirect Beneficial Ownership (Instr. 4) | ||||
| Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||||||
| Employee Stock Option (right to buy) | $31.01 | 11/07/2024 | M | 2,418 | 03/09/2020 | 03/09/2026 | Common Stock | 2,418 | $0 | 0 | D | ||||
| Employee Stock Option (right to buy) | $31.01 | 11/07/2024 | M | 806 | 03/09/2017 | 03/09/2026 | Common Stock | 806 | $0 | 0 | D | ||||
| Employee Stock Option (right to buy) | $31.01 | 11/07/2024 | M | 20,000 | 03/09/2020 | 03/09/2026 | Common Stock | 20,000 | $0 | 60,692 | D | ||||
| Employee Stock Option (right to buy) | $31.01 | 11/08/2024 | M | 20,000 | 03/09/2020 | 03/09/2026 | Common Stock | 20,000 | $0 | 40,692 | D | ||||
| Employee Stock Option (right to buy) | $31.01 | 11/08/2024 | M | 20,000 | 03/09/2020 | 03/09/2026 | Common Stock | 20,000 | $0 | 20,692 | D | ||||
| Employee Stock Option (right to buy) | $31.01 | 11/11/2024 | M | 10,346 | 03/09/2020 | 03/09/2026 | Common Stock | 10,346 | $0 | 10,346 | D | ||||
| Employee Stock Option (right to buy) | $31.01 | 11/11/2024 | M | 10,346 | 03/09/2020 | 03/09/2026 | Common Stock | 10,346 | $0 | 0 | D | ||||
| Explanation of Responses: |
| 1. Represents 205,655.748 vested restricted stock units and 89,098 shares of Common Stock. |
| 2. Disposition of pre-owned shares to satisfy exercise pursuant to the 2010 Comprehensive Executive Compensation Plan as amended and restated. |
| 3. Represents 205,655.748 vested restricted stock units and 87,313 shares of Common Stock. |
| 4. Represents 205,655.748 vested restricted stock units and 88,119 shares of Common Stock. |
| 5. Represents 205,655.748 vested restricted stock units and 87,428 shares of Common Stock. |
| 6. Represents 205,655.748 vested restricted stock units and 107,428 shares of Common Stock. |
| 7. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $41.60 to $41.96. |
| 8. Represents 205,655.748 vested restricted stock units and 90,321 shares of Common Stock. |
| 9. Represents 205,655.748 vested restricted stock units and 110,321 shares of Common Stock. |
| 10. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $40.96 to $41.26. |
| 11. Represents 205,655.748 vested restricted stock units and 93,108 shares of Common Stock. |
| 12. Represents 205,655.748 vested restricted stock units and 113,108 shares of Common Stock. |
| 13. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $40.83 to $40.99. |
| 14. Represents 205,655.748 vested restricted stock units and 95,823 shares of Common Stock. |
| 15. Represents 205,655.748 vested restricted stock units and 106,169 shares of Common Stock. |
| 16. Represents 205,655.748 vested restricted stock units and 97,361 shares of Common Stock. |
| 17. Represents 205,655.748 vested restricted stock units and 107,707 shares of Common Stock. |
| 18. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $42.06 to $42.20. |
| 19. Represents 205,655.748 vested restricted stock units and 98,886 shares of Common Stock. |
| Remarks: |
| Linea K. Michael, Attorney in Fact for Marita Zuraitis | 11/12/2024 | |
| ** Signature of Reporting Person | Date | |
| Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | ||
| * If the form is filed by more than one reporting person, see Instruction 4 (b)(v). | ||
| ** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). | ||
| Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure. | ||
| Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number. | ||