John P. Michael - 01 Aug 2022 Form 4 Insider Report for MILLERKNOLL, INC. (MLKN)

Role
President, N America Contract
Signature
By: Jacqueline H. Rice For: John P. Michael
Issuer symbol
MLKN
Transactions as of
01 Aug 2022
Net transactions value
-$24,986
Form type
4
Filing time
03 Aug 2022, 21:51:41 UTC
Previous filing
19 Jul 2022
Next filing
17 Jan 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MLKN Common Stock Options Exercise $0 +593 +20% $0.000000 3,521 01 Aug 2022 Direct F1
transaction MLKN Common Stock Options Exercise $0 +1,192 +34% $0.000000 4,713 01 Aug 2022 Direct F1
transaction MLKN Common Stock Tax liability $8,387 -274 -5.8% $30.63 4,439 01 Aug 2022 Direct
transaction MLKN Common Stock Tax liability $16,598 -542 -12% $30.63 3,897 01 Aug 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 -3.5% $0.000000 16,325 01 Aug 2022 Common Stock 593 Direct F2, F3
transaction MLKN Restricted Stock Units Options Exercise $0 -1,192 -7.3% $0.000000 15,133 01 Aug 2022 Common Stock 1,192 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.