John P. Michael - Aug 1, 2022 Form 4 Insider Report for MILLERKNOLL, INC. (MLKN)

Role
President, N America Contract
Signature
By: Jacqueline H. Rice For: John P. Michael
Stock symbol
MLKN
Transactions as of
Aug 1, 2022
Transactions value $
-$24,986
Form type
4
Date filed
8/3/2022, 09:51 PM
Previous filing
Jul 19, 2022
Next filing
Jan 17, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MLKN Common Stock Options Exercise $0 +593 +20.25% $0.00 3.52K Aug 1, 2022 Direct F1
transaction MLKN Common Stock Options Exercise $0 +1.19K +33.86% $0.00 4.71K Aug 1, 2022 Direct F1
transaction MLKN Common Stock Tax liability -$8.39K -274 -5.81% $30.63 4.44K Aug 1, 2022 Direct
transaction MLKN Common Stock Tax liability -$16.6K -542 -12.21% $30.63 3.9K Aug 1, 2022 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
transaction MLKN Restricted Stock Units Options Exercise $0 -593 -3.51% $0.00 16.3K Aug 1, 2022 Common Stock 593 Direct F2, F3
transaction MLKN Restricted Stock Units Options Exercise $0 -1.19K -7.3% $0.00 15.1K Aug 1, 2022 Common Stock 1.19K Direct F2, 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 Each restricted stock unit represents a contingent right to receive one share of MLKN common stock.
F3 The restricted stock units are subject to a three-year vest schedule, vesting 25% on 8/1/2021, 25% on 8/1/2022, and 50% on 8/1/2023.
F4 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.