William G. Miller II - 01 Mar 2025 Form 4 Insider Report for MILLER INDUSTRIES INC /TN/ (MLR)

Signature
/s/ Frank Madonia, as attorney in fact for William G. Miller, II
Issuer symbol
MLR
Transactions as of
01 Mar 2025
Net transactions value
-$166,810
Form type
4
Filing time
04 Mar 2025, 17:23:31 UTC
Previous filing
08 Mar 2024
Next filing
10 Mar 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MLR Common Stock Options Exercise +12,000 +66% 30,240 01 Mar 2025 Direct F1, F3
transaction MLR Common Stock Tax liability $166,810 -2,880 -9.5% $57.92 27,360 01 Mar 2025 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 -12,000 -33% $0.000000 24,000 01 Mar 2025 Common Stock 12,000 Direct F1, F3
holding MLR Restricted Stock Unit 49,906 01 Mar 2025 Common Stock 49,906 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, 2025. 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 12,000 time-based restricted stock units vested on March 1, 2025.
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.