Debbie F. Propst - 01 Aug 2022 Form 4 Insider Report for MILLERKNOLL, INC. (MLKN)

Role
President - HM Consumer
Signature
By: Jacqueline H. Rice For: Debbie F. Propst
Issuer symbol
MLKN
Transactions as of
01 Aug 2022
Net transactions value
-$48,628
Form type
4
Filing time
03 Aug 2022, 21:55:48 UTC
Previous filing
19 Jul 2022
Next filing
20 Jul 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 +2,012 +61% $0.000000 5,300 01 Aug 2022 Direct F1
transaction MLKN Common Stock Options Exercise $0 +1,309 +25% $0.000000 6,609 01 Aug 2022 Direct F1
transaction MLKN Common Stock Tax liability $29,621 -967 -15% $30.63 5,642 01 Aug 2022 Direct
transaction MLKN Common Stock Tax liability $19,007 -621 -11% $30.63 5,021 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 -2,012 -9.8% $0.000000 18,520 01 Aug 2022 Common Stock 2,012 Direct F2, F3
transaction MLKN Restricted Stock Units Options Exercise $0 -1,309 -7.1% $0.000000 17,211 01 Aug 2022 Common Stock 1,309 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.