Kevin J. Veltman - Aug 1, 2022 Form 4 Insider Report for MILLERKNOLL, INC. (MLKN)

Signature
By: Jacqueline H. Rice For: Kevin J Veltman
Stock symbol
MLKN
Transactions as of
Aug 1, 2022
Transactions value $
-$7,565
Form type
4
Date filed
8/3/2022, 09:58 PM
Previous filing
Jul 19, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MLKN Common Stock Options Exercise $0 +427 +10.71% $0.00 4.42K Aug 1, 2022 Direct F1
transaction MLKN Common Stock Options Exercise $0 +410 +9.29% $0.00 4.83K Aug 1, 2022 Direct F1
transaction MLKN Common Stock Tax liability -$3.88K -127 -2.63% $30.63 4.7K Aug 1, 2022 Direct
transaction MLKN Common Stock Tax liability -$3.68K -120 -2.56% $30.63 4.58K Aug 1, 2022 Direct
holding MLKN Common Stock 597 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 -427 -7.09% $0.00 5.6K Aug 1, 2022 Common Stock 427 Direct F2, F3
transaction MLKN Restricted Stock Units Options Exercise $0 -410 -7.32% $0.00 5.19K Aug 1, 2022 Common Stock 410 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.