Christopher M. Baldwin - 19 Jul 2021 Form 4 Insider Report for HERMAN MILLER INC (MLKN)

Role
Group President, MillerKnoll
Signature
By: Jacqueline H. Rice For: Christopher M. Baldwin
Issuer symbol
MLKN
Transactions as of
19 Jul 2021
Net transactions value
$0
Form type
4
Filing time
22 Jul 2021, 19:35:08 UTC
Next filing
03 Nov 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 Award $0 +11,459 $0.000000 11,459 19 Jul 2021 Direct F1
transaction MLKN Common Stock Award $0 +4,238 +37% $0.000000 15,697 19 Jul 2021 Direct F1
transaction MLKN Common Stock Award $0 +2,807 +18% $0.000000 18,504 19 Jul 2021 Direct F1
transaction MLKN Common Stock Award $0 +6,455 +35% $0.000000 24,959 19 Jul 2021 Direct F1

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 Non-Qualified Stock Option (right to buy) Award $0 +5,445 $0.000000 5,445 20 Jul 2021 Common Stock 5,445 $44.20 Direct F2
transaction MLKN Restricted Stock Units Award $0 +2,736 $0.000000 2,736 19 Jul 2021 Common Stock 2,736 Direct F1
transaction MLKN Restricted Stock Units Award $0 +2,807 +103% $0.000000 5,543 19 Jul 2021 Common Stock 2,807 Direct F1
transaction MLKN Restricted Stock Units Award $0 +4,238 +76% $0.000000 9,781 19 Jul 2021 Common Stock 4,238 Direct F1
transaction MLKN Restricted Stock Units Award $0 +11,459 +117% $0.000000 21,240 19 Jul 2021 Common Stock 11,459 Direct F1
transaction MLKN Restricted Stock Units Award $0 +1,710 +8.1% $0.000000 22,950 20 Jul 2021 Common Stock 1,710 Direct F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The awards were delivered upon conversion of Knoll awards under the terms of the merger agreement.
F2 This grant vests in three equal annual installments beginning on the first anniversary of the grant date.
F3 Each restricted stock unit represents a contingent right to receive one share of MLHR common stock.
F4 The restricted stock units are subject to a three-year vest schedule, vesting 25% on 8/1/2022, 25% on 8/1/2023, and 50% 8/1/2024.