Richard Scott - Jan 14, 2022 Form 4 Insider Report for MILLERKNOLL, INC. (MLKN)

Role
Chief Mfg and Ops Officer
Signature
By: Jacqueline H. Rice For: Richard Scott
Stock symbol
MLKN
Transactions as of
Jan 14, 2022
Transactions value $
-$6,052
Form type
4
Date filed
1/19/2022, 04:13 PM
Previous filing
Nov 18, 2021
Next filing
Jul 14, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MLKN Common Stock Options Exercise $0 +339 +23.62% $0.00 1.77K Jan 14, 2022 Direct F1
transaction MLKN Common Stock Sale -$6.05K -164 -9.24% $36.90 1.61K Jan 18, 2022 Direct F2

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 -339 -5.48% $0.00 5.84K Jan 14, 2022 Common Stock 339 Direct F3, F4
* 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 The sale reported on this Form 4 represents shares sold by the Reporting Person to cover tax withholding obligations in connection with the vesting and settlement of RSUs. The sale was to satisfy tax withholding obligations to be funded by a "sell to cover" transaction and does not represent a discretionary transaction by the Reporting Person.
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 1/14/2022, 25% on 1/14/2023, and 50% 1/14/2024.