Andrea R. Owen - 01 Aug 2022 Form 4 Insider Report for MILLERKNOLL, INC. (MLKN)

Signature
By: Jacqueline H. Rice For: Andrea R. Owen
Issuer symbol
MLKN
Transactions as of
01 Aug 2022
Net transactions value
-$122,881
Form type
4
Filing time
03 Aug 2022, 21:52:11 UTC
Previous filing
19 Jul 2022
Next filing
04 Oct 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MLKN Common Stock Options Exercise $0 +8,852 +29% $0.000000 39,135 01 Aug 2022 Direct F1
transaction MLKN Common Stock Options Exercise $0 +4,739 +12% $0.000000 43,874 01 Aug 2022 Direct F1
transaction MLKN Common Stock Tax liability $80,400 -2,625 -6% $30.63 41,249 01 Aug 2022 Direct
transaction MLKN Common Stock Tax liability $42,481 -1,387 -3.4% $30.63 39,862 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 -8,852 -19% $0.000000 38,120 01 Aug 2022 Common Stock 8,852 Direct F2, F3
transaction MLKN Restricted Stock Units Options Exercise $0 -4,739 -12% $0.000000 33,381 01 Aug 2022 Common Stock 4,739 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.