Kartik Shethia - Oct 12, 2021 Form 3 Insider Report for MILLERKNOLL, INC. (MLKN)

Role
President - Intl Contract
Signature
By: Jacqueline H. Rice For: Kartik Shethia
Stock symbol
MLKN
Transactions as of
Oct 12, 2021
Transactions value $
$0
Form type
3
Date filed
2/8/2022, 01:12 PM
Next filing
Feb 8, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding MLKN Common Stock 2.79K Oct 12, 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
holding MLKN Non-Qualified Stock Option (right to buy) Oct 12, 2021 Common Stock 1.28K $21.38 Direct F1
holding MLKN Non-Qualified Stock Option (right to buy) Oct 12, 2021 Common Stock 7.5K $23.52 Direct F1, F2
holding MLKN Non-Qualified Stock Option (right to buy) Oct 12, 2021 Common Stock 3.07K $45.75 Direct F1
holding MLKN Restricted Stock Units Oct 12, 2021 Common Stock 3.69K Direct F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 This grant vests in three equal annual installments beginning on the first anniversary of the grant date.
F2 The exercise price of this premium-priced option is equal to 110% of the closing price of Herman Miller's common stock on the date of grant.
F3 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.
F4 Each restricted stock unit represents a contingent right to receive one share of MLHR common stock.