Jacqueline H. Rice - Aug 1, 2021 Form 4 Insider Report for HERMAN MILLER INC (MLKN)

Role
Sr Vice Pres, General Counsel
Signature
Jacqueline H Rice
Stock symbol
MLKN
Transactions as of
Aug 1, 2021
Transactions value $
-$19,354
Form type
4
Date filed
8/3/2021, 04:07 PM
Previous filing
Jul 15, 2021
Next filing
Sep 7, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MLKN Common Stock Options Exercise $0 +1.55K +100.18% $0.00 3.09K Aug 1, 2021 Direct F1
transaction MLKN Common Stock Tax liability -$19.4K -449 -14.53% $43.15 2.64K Aug 1, 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 -1.55K -11.46% $0.00 11.9K Aug 1, 2021 Common Stock 1.55K 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.