John P. Michael - 16 Jul 2021 Form 4 Insider Report for HERMAN MILLER INC (MLKN)

Role
President, N America Contract
Signature
By: Jacqueline H. Rice For: John P. Michael
Issuer symbol
MLKN
Transactions as of
16 Jul 2021
Net transactions value
-$11,867
Form type
4
Filing time
20 Jul 2021, 16:06:47 UTC
Previous filing
15 Jul 2021
Next filing
03 Aug 2021
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MLKN Common Stock Options Exercise $0 +877 +110% $0.000000 1,673 16 Jul 2021 Direct F1
transaction MLKN Common Stock Tax liability $11,867 -276 -16% $43.04 1,397 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 -877 -8.3% $0.000000 9,711 16 Jul 2021 Common Stock 877 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.