Andrea Owen - Aug 1, 2022 Form 4 Insider Report for MILLERKNOLL, INC. (MLKN)

Role
President & CEO
Signature
By: Jacqueline H. Rice For: Andrea R. Owen
Stock symbol
MLKN
Transactions as of
Aug 1, 2022
Transactions value $
-$122,881
Form type
4
Date filed
8/3/2022, 09:52 PM
Previous filing
Jul 19, 2022
Next filing
Oct 4, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MLKN Common Stock Options Exercise $0 +8.85K +29.23% $0.00 39.1K Aug 1, 2022 Direct F1
transaction MLKN Common Stock Options Exercise $0 +4.74K +12.11% $0.00 43.9K Aug 1, 2022 Direct F1
transaction MLKN Common Stock Tax liability -$80.4K -2.62K -5.98% $30.63 41.2K Aug 1, 2022 Direct
transaction MLKN Common Stock Tax liability -$42.5K -1.39K -3.36% $30.63 39.9K 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 -8.85K -18.85% $0.00 38.1K Aug 1, 2022 Common Stock 8.85K Direct F2, F3
transaction MLKN Restricted Stock Units Options Exercise $0 -4.74K -12.43% $0.00 33.4K Aug 1, 2022 Common Stock 4.74K 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.