Jamison Linden - 01 Mar 2024 Form 4 Insider Report for MILLER INDUSTRIES INC /TN/ (MLR)

Role: Chief Manufacturing Officer
Signature: /s/ Frank Madonia, as attorney in fact for Jamison Linden
Issuer symbol: MLR
Transactions as of: 01 Mar 2024
Net transactions value: -$21,734
Form type: 4
Filing time: 08 Mar 2024, 16:27:18 UTC
Previous filing: 03 Mar 2023
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	MLR	Common Stock	Options Exercise		+2,000	+132%		3,520	01 Mar 2024	Direct	F1, F3
transaction	MLR	Common Stock	Tax liability	$21,734	-480	-14%	$45.28	3,040	01 Mar 2024	Direct	F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	MLR	Restricted Stock Unit	Options Exercise	$0	-2,000	-25%	$0.000000	6,000	01 Mar 2024	Common Stock	2,000		Direct	F1, F3
transaction	MLR	Restricted Stock Unit	Award	$0	+8,679		$0.000000	8,679	06 Mar 2024	Common Stock	8,679		Direct	F3, F4

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

Explanation of Responses:

Id	Content
F1	Represents the conversion of restricted stock units that vested on March 1, 2024. These are time-based restricted stock units that vest in five equal annual installments commencing on March 1, 2023. Vested shares will be delivered to the reporting person not later than 30 days after the vesting date.
F2	These shares were withheld to cover tax withholding obligations when 2,000 time-based restricted stock units vested on March 1, 2024.
F3	Each restricted stock unit represents a contingent right to receive one share of Miller Industries Inc. common stock.
F4	These are time-based restricted stock units that vest in three equal annual installments commencing on March 6, 2025.