Stephanie Stahl - Jul 19, 2021 Form 4 Insider Report for KNOLL INC (KNL)

Role: Director
Signature: /s/ Michael A, Pollner, Attorney-in-Fact
Stock symbol: KNL
Transactions as of: Jul 19, 2021
Transactions value $: $0
Form type: 4
Date filed: 7/21/2021, 09:33 PM
Previous filing: Jul 6, 2021
Next filing: Oct 5, 2021

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	KNL	Common Stock	Disposed to Issuer		-38.1K	-100%		0	Jul 19, 2021	Direct	F1, F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Stephanie Stahl is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id	Content
F1	On July 19, 2021, pursuant to the Agreement and Plan of Merger, dated as of April 19, 2021 (the "Merger Agreement"), by and among Knoll, Inc. ("Knoll"), Herman Miller, Inc. ("Herman Miller") and Heat Merger Sub, Inc. ("Merger Sub"), Merger Sub merged with and into Knoll (the "Merger"), with Knoll surviving the Merger as a wholly-owned subsidiary of Herman Miller.
F2	Pursuant to the Merger Agreement, each share of Knoll common stock issued and outstanding immediately prior to the effective time of the Merger (including each outstanding Knoll restricted share held by the Reporting Person which vested per the terms of the Merger Agreement upon the effective time of the Merger) was converted into the right to receive (A) $11.00 in cash, without interest, and (B) 0.32 of a share of Herman Miller common stock, par value $0.20. On July 16, 2021 (the last full trading day prior to the Merger), the closing price of one share of Herman Miller common stock was $43.04.

Content

On July 19, 2021, pursuant to the Agreement and Plan of Merger, dated as of April 19, 2021 (the "Merger Agreement"), by and among Knoll, Inc. ("Knoll"), Herman Miller, Inc. ("Herman Miller") and Heat Merger Sub, Inc. ("Merger Sub"), Merger Sub merged with and into Knoll (the "Merger"), with Knoll surviving the Merger as a wholly-owned subsidiary of Herman Miller.

Pursuant to the Merger Agreement, each share of Knoll common stock issued and outstanding immediately prior to the effective time of the Merger (including each outstanding Knoll restricted share held by the Reporting Person which vested per the terms of the Merger Agreement upon the effective time of the Merger) was converted into the right to receive (A) $11.00 in cash, without interest, and (B) 0.32 of a share of Herman Miller common stock, par value $0.20. On July 16, 2021 (the last full trading day prior to the Merger), the closing price of one share of Herman Miller common stock was $43.04.