Michael R Smith - 15 Jan 2025 Form 4 Insider Report for MILLERKNOLL, INC. (MLKN)

Role
Director
Signature
By: Jacqueline H. Rice For: Michael R Smith
Issuer symbol
MLKN
Transactions as of
15 Jan 2025
Net transactions value
+$83,993
Form type
4
Filing time
17 Jan 2025, 16:03:44 UTC
Previous filing
23 Dec 2024
Next filing
29 Jan 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MLKN Common Stock Options Exercise $11,132 +508 +40% $21.90 1,793 15 Jan 2025 Direct
transaction MLKN Common Stock Other $7.21 -0 -0.02% $21.90 1,793 15 Jan 2025 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 +9,905 $0.000000 9,905 15 Jan 2025 Common Stock 9,905 $21.90 Direct F2
transaction MLKN Phantom Stock Award $84,000 +3,836 +24% $21.90 19,756 15 Jan 2025 Common Stock 3,836 Direct F3, F4
transaction MLKN Phantom Stock Options Exercise $11,132 -508 -2.6% $21.90 19,248 15 Jan 2025 Common Stock 508 Direct F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Cash in lieu of fractional shares.
F2 This grant is fully vested on date of grant.
F3 Each share of phantom stock is the economic equivalent of one share of common stock. The shares of phantom stock become payable, in shares of common stock, at the election of the reporting person made in accordance with the company's director deferred compensation plan.
F4 The Number of Derivative Securities Beneficially Owned reflected in Table II of this form include shares acquired through participation in the MillerKnoll, Inc. Director Deferred Compensation Plan, which satisfies the exemption of Rule 16b-3.