Jeffrey L. Kurburski - 16 Jul 2021 Form 4 Insider Report for HERMAN MILLER INC (MLKN)

Signature
By: Jacqueline H. Rice For: Jeffrey L. Kurburski
Issuer symbol
MLKN
Transactions as of
16 Jul 2021
Net transactions value
-$37,736
Form type
4
Filing time
20 Jul 2021, 16:06:29 UTC
Previous filing
15 Jul 2021
Next filing
23 Jul 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MLKN Common Stock Options Exercise $0 +1,904 +31% $0.000000 7,963 16 Jul 2021 Direct F1
transaction MLKN Common Stock Tax liability $37,736 -877 -11% $43.04 7,086 16 Jul 2021 Direct

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 MLKN Restricted Stock Units Options Exercise $0 -1,904 -19% $0.000000 7,993 16 Jul 2021 Common Stock 1,904 Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The Number of Derivative Securities Beneficially Owned Following Reported Transaction reflected in Table I of this form includes dividend equivalent units reinvested in the corresponding vesting RSUs, which satisfies the exemption of Rule 16b-2.
F2 Each restricted stock unit represents a contingent right to receive one share of MLHR common stock.
F3 The restricted stock units have a three year cliff vest.