Richard Scott - 13 Jul 2021 Form 4 Insider Report for MILLERKNOLL, INC. (MLKN)

Role
Chief Mfg and Ops Officer
Signature
By: Jacqueline H. Rice For: Richard Scott
Issuer symbol
MLKN
Transactions as of
13 Jul 2021
Net transactions value
-$26,638
Form type
4
Filing time
18 Nov 2021, 17:37:51 UTC
Next filing
19 Jan 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 +647 +82% $0.000000 1,436 16 Jul 2021 Direct F1
transaction MLKN Common Stock Tax liability $13,873 -330 -23% $42.05 1,106 16 Jul 2021 Direct
transaction MLKN Common Stock Options Exercise $0 +610 +55% $0.000000 1,725 01 Aug 2021 Direct F1
transaction MLKN Common Stock Tax liability $12,764 -294 -17% $43.49 1,431 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 Non-Qualified Stock Option (right to buy) Award $0 +5,867 $0.000000 5,867 13 Jul 2021 Common Stock 5,867 $45.75 Direct F2
transaction MLKN Restricted Stock Units Award $0 +1,842 +33% $0.000000 7,438 13 Jul 2021 Common Stock 1,842 Direct F3, F4
transaction MLKN Restricted Stock Units Options Exercise $0 -647 -8.7% $0.000000 6,791 16 Jul 2021 Common Stock 647 Direct F3, F5
transaction MLKN Restricted Stock Units Options Exercise $0 -610 -9% $0.000000 6,181 01 Aug 2021 Common Stock 610 Direct F3, F6
* 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 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.
F5 The restricted stock units have a three year cliff vest.
F6 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.