Debbie F. Propst - Aug 1, 2022 Form 4 Insider Report for MILLERKNOLL, INC. (MLKN)

Role
President - HM Consumer
Signature
By: Jacqueline H. Rice For: Debbie F. Propst
Stock symbol
MLKN
Transactions as of
Aug 1, 2022
Transactions value $
-$48,628
Form type
4
Date filed
8/3/2022, 09:55 PM
Previous filing
Jul 19, 2022
Next filing
Jul 20, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MLKN Common Stock Options Exercise $0 +2.01K +61.2% $0.00 5.3K Aug 1, 2022 Direct F1
transaction MLKN Common Stock Options Exercise $0 +1.31K +24.7% $0.00 6.61K Aug 1, 2022 Direct F1
transaction MLKN Common Stock Tax liability -$29.6K -967 -14.63% $30.63 5.64K Aug 1, 2022 Direct
transaction MLKN Common Stock Tax liability -$19K -621 -11% $30.63 5.02K 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 -2.01K -9.8% $0.00 18.5K Aug 1, 2022 Common Stock 2.01K Direct F2, F3
transaction MLKN Restricted Stock Units Options Exercise $0 -1.31K -7.07% $0.00 17.2K Aug 1, 2022 Common Stock 1.31K 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.