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

Role
Chief Financial Officer
Signature
By: Jacqueline H. Rice For: Jeffrey M. Stutz
Issuer symbol
MLKN
Transactions as of
16 Jul 2021
Net transactions value
-$115,518
Form type
4
Filing time
20 Jul 2021, 16:07:15 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 +3,672 +13% $0.000000 32,673 16 Jul 2021 Direct F1
transaction MLKN Common Stock Tax liability $72,737 -1,690 -5.2% $43.04 30,983 16 Jul 2021 Direct F2
transaction MLKN Common Stock Options Exercise $0 +2,279 +7.4% $0.000000 33,262 16 Jul 2021 Direct F3
transaction MLKN Common Stock Tax liability $42,782 -994 -3% $43.04 32,268 16 Jul 2021 Direct
holding MLKN Common Stock 2,088 16 Jul 2021 by profit share plan

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 -3,672 -15% $0.000000 20,793 16 Jul 2021 Common Stock 3,672 Direct F4, F5
* 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 The directly owned common stock holdings reflected in Table I of this form include shares purchased through Herman Miller's 1995 Employees' Stock Purchase Plan, which satisfies the exemption requirements of Rule 16b-3.
F3 Shares issued July 16, 2021 pursuant to Performance Share Units granted on July 16, 2018 under the Company's 2011 LTIP with a three year performance period.
F4 Each restricted stock unit represents a contingent right to receive one share of MLHR common stock.
F5 The restricted stock units have a three year cliff vest.