Sec Form 4 Filing - Gadberry Jon M @ HF FINANCIAL CORP - 2016-02-17

Insider filing report for Changes in Beneficial Ownership
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FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
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, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person
Gadberry Jon M
2. Issuer Name and Ticker or Trading Symbol
HF FINANCIAL CORP [ HFFC]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
_____ Officer (give title below) X __ Other (specify below)
SVP / Subsidiary
(Last) (First) (Middle)
HF FINANCIAL CORP., 225 S. MAIN AVENUE
3. Date of Earliest Transaction (MM/DD/YY)
02/17/2016
(Street)
SIOUX FALLS, SD57104
4. If Amendment, Date Original Filed (MM/DD/YY)
6. Individual or Joint/Group Filing (Check Applicable Line)
__ X __ Form filed by One Reporting Person
_____ Form filed by More than One Reporting Person
(City) (State) (Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 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 884 D
Common Stock 02/17/2016 S( 1 ) 5,354.834 ( 2 ) D $ 11.3231 0 I By 401(k)
Common Stock 02/18/2016 P( 3 ) 5,469.281 ( 2 ) A $ 11.0861 5,469.281 ( 2 ) I By 401(k)
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 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
(MM/DD/YY)
7. Title and Amount of Underlying Securities
(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 of Derivative Security: 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
Stock Appreciation Rights $ 12.48 09/09/2010( 4 ) 09/09/2019 Common Stock 6,953 6,953 D
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Gadberry Jon M
HF FINANCIAL CORP.
225 S. MAIN AVENUE
SIOUX FALLS, SD57104
SVP / Subsidiary
Signatures
Jon M. Gadberry 02/19/2016
Signature of Reporting Person Date
Explanation of Responses:
( 1 )Inadvertent sale of shares as part of a broader 401(k) portfolio re-balancing.
( 2 )Represents units held in a unitized stock fund through the issuer's 401(k) Retirement Savings Plan. The unitized stock fund of the issuer's 401(k) Retirement Savings Plan consists of cash and common stock in amounts that vary from time to time. As of February 17, 2016, the reporting person had 5,354.8340 units in the issuer's 401(k) Retirement Savings Plan, and on February 18, 2016, the reporting person had 5,469.2810 units in the issuer's 401(k) Retirement Savings Plan.
( 3 )Purchase intended to unwind, as closely as possible, the inadvertent sale on February 17, 2016. The Reporting Person disgorged short-swing profits, in the amount of $1,295.89, to the issuer, and, upon settlement, the Reporting Person will have discharged in full any obligation under Section 16(b) with respect to the reported transactions.
( 4 )The Stock Appreciation Rights vest in equal amounts over a 4-year period beginning 09/09/2010.

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).
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