Jacqueline H. Rice - Aug 1, 2022 Form 4 Insider Report for MILLERKNOLL, INC. (MLKN)

Role
Sr Vice Pres, General Counsel
Signature
Jacqueline H Rice
Stock symbol
MLKN
Transactions as of
Aug 1, 2022
Transactions value $
-$21,456
Form type
4
Date filed
8/3/2022, 09:55 PM
Previous filing
Jul 19, 2022
Next filing
Sep 6, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MLKN Common Stock Options Exercise $0 +1.55K +24.08% $0.00 7.96K Aug 1, 2022 Direct F1
transaction MLKN Common Stock Options Exercise $0 +825 +10.36% $0.00 8.78K Aug 1, 2022 Direct F1
transaction MLKN Common Stock Tax liability -$7.4K -242 -2.75% $30.63 8.54K Aug 1, 2022 Direct
transaction MLKN Common Stock Tax liability -$14.1K -459 -5.37% $30.63 8.08K 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 -1.55K -11.19% $0.00 12.3K Aug 1, 2022 Common Stock 1.55K Direct F2, F3
transaction MLKN Restricted Stock Units Options Exercise $0 -825 -6.73% $0.00 11.4K Aug 1, 2022 Common Stock 825 Direct F2, F3, 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.