Kevin J. Veltman - Jul 13, 2021 Form 4 Insider Report for MILLERKNOLL, INC. (MLKN)

Role
VP of IR & Treasurer
Signature
By: Jacqueline H. Rice For: Kevin J. Veltman
Stock symbol
MLKN
Transactions as of
Jul 13, 2021
Transactions value $
-$15,413
Form type
4
Date filed
11/18/2021, 05:38 PM
Next filing
Jan 19, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MLKN Common Stock Options Exercise $0 +771 +38.36% $0.00 2.78K Jul 16, 2021 Direct F1
transaction MLKN Common Stock Tax liability -$10K -233 -8.37% $43.04 2.55K Jul 16, 2021 Direct F2
transaction MLKN Common Stock Award +74 +2.9% 2.62K Jul 19, 2021 Direct F3
transaction MLKN Common Stock Options Exercise $0 +428 +16.29% $0.00 3.06K Aug 1, 2021 Direct F2
transaction MLKN Common Stock Tax liability -$5.39K -125 -4.09% $43.15 2.93K Aug 1, 2021 Direct
holding MLKN Common Stock 576 Jul 13, 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 Award $0 +1.64K +30.03% $0.00 7.1K Jul 13, 2021 Common Stock 1.64K Direct F4, F5
transaction MLKN Restricted Stock Units Options Exercise $0 -771 -10.86% $0.00 6.33K Jul 16, 2021 Common Stock 771 Direct F4, F6
transaction MLKN Restricted Stock Units Options Exercise $0 -428 -6.76% $0.00 5.9K Aug 1, 2021 Common Stock 428 Direct F4, F7
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 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.
F2 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.
F3 Shares were issued pursuant to Herman Miller?s acquisition of Knoll in respect of shares of Knoll common stock held as of immediately prior to the effective time of the merger. In the merger, each share of Knoll common stock (subject to certain exceptions as set forth in the merger agreement) was converted into the right to receive 0.32 shares of Herman Miller common stock and $11.00 in cash, with cash paid in lieu of fractional shares.
F4 Each restricted stock unit represents a contingent right to receive one share of MLHR common stock.
F5 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.
F6 The restricted stock units have a three year cliff vest.
F7 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.