Jeffrey L. Kurburski - 01 Aug 2021 Form 4 Insider Report for HERMAN MILLER INC (MLKN)

Role: Chief Technology Officer
Signature: By: Jacqueline H. Rice For: Jeffrey L. Kurburski
Issuer symbol: MLKN
Transactions as of: 01 Aug 2021
Net transactions value: -$18,177
Form type: 4
Filing time: 03 Aug 2021, 16:06:40 UTC
Previous filing: 23 Jul 2021
Next filing: 14 Jul 2022
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	+951	+13%	$0.000000	8,050	01 Aug 2021	Direct	F1
transaction	MLKN	Common Stock	Tax liability	$18,177	-421	-5.2%	$43.15	7,629	01 Aug 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	-951	-12%	$0.000000	7,042	01 Aug 2021	Common Stock	951		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 are subject to a three-year vest schedule, vesting 25% on 8/1/2021, 25% on 8/1/2022, and 50% on 8/1/2023.