Jeffrey M. Stutz - Jul 16, 2022 Form 4 Insider Report for MILLERKNOLL, INC. (MLKN)

Signature
By: Jacqueline H. Rice For: Jeffrey M. Stutz
Stock symbol
MLKN
Transactions as of
Jul 16, 2022
Transactions value $
-$46,777
Form type
4
Date filed
7/19/2022, 06:06 PM
Previous filing
Jul 14, 2022
Next filing
Aug 3, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MLKN Common Stock Options Exercise $0 +3.59K +10.65% $0.00 37.3K Jul 16, 2022 Direct F1
transaction MLKN Common Stock Tax liability -$46.8K -1.71K -4.59% $27.32 35.6K Jul 16, 2022 Direct
holding MLKN Common Stock 2.12K Jul 16, 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 -3.59K -12.84% $0.00 24.4K Jul 16, 2022 Common Stock 3.59K 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 MLKN common stock.
F3 The restricted stock units have a three year cliff vest.