Bruce B. Watson - Aug 1, 2022 Form 4 Insider Report for MILLERKNOLL, INC. (MLKN)

Role
Herman Miller Brand President
Signature
By: Jacqueline H. Rice For: Bruce B. Watson
Stock symbol
MLKN
Transactions as of
Aug 1, 2022
Transactions value $
-$27,190
Form type
4
Date filed
8/3/2022, 09:57 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 +1.96K +6.24% $0.00 33.3K Aug 1, 2022 Direct F1
transaction MLKN Common Stock Options Exercise $0 +1.05K +3.16% $0.00 34.4K Aug 1, 2022 Direct F1
transaction MLKN Common Stock Tax liability -$9.43K -308 -0.9% $30.63 34K Aug 1, 2022 Direct
transaction MLKN Common Stock Tax liability -$17.8K -580 -1.7% $30.63 33.5K Aug 1, 2022 Direct
holding MLKN Common Stock 1.93K Aug 1, 2022 by profit share plan

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 -1.96K -11.15% $0.00 15.6K Aug 1, 2022 Common Stock 1.96K Direct F2, F3
transaction MLKN Restricted Stock Units Options Exercise $0 -1.05K -6.75% $0.00 14.5K Aug 1, 2022 Common Stock 1.05K 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.