Kevin J. Veltman - 14 Jan 2022 Form 4 Insider Report for MILLERKNOLL, INC. (MLKN)

Signature
By: Jacqueline H. Rice For: Kevin J. Veltman
Issuer symbol
MLKN
Transactions as of
14 Jan 2022
Net transactions value
-$3,786
Form type
4
Filing time
19 Jan 2022, 16:06:46 UTC
Previous filing
18 Nov 2021
Next filing
14 Jul 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MLKN Common Stock Options Exercise $0 +293 +9.5% $0.000000 3,378 14 Jan 2022 Direct F1
transaction MLKN Common Stock Tax liability $3,786 -101 -3% $37.34 3,277 14 Jan 2022 Direct
holding MLKN Common Stock 576 14 Jan 2022 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 Options Exercise $0 -293 -5% $0.000000 5,609 14 Jan 2022 Common Stock 293 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. 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 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 1/14/2022, 25% on 1/14/2023, and 50% 1/14/2024.