Timothy C. Straker - Aug 1, 2022 Form 4 Insider Report for MILLERKNOLL, INC. (MLKN)

Role
SVP Marketing & Cust Experienc
Signature
By: Jacqueline H. Rice For: Timothy C Straker
Stock symbol
MLKN
Transactions as of
Aug 1, 2022
Transactions value $
-$10,300
Form type
4
Date filed
8/3/2022, 09:59 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 +676 +35.63% $0.00 2.57K Aug 1, 2022 Direct F1
transaction MLKN Common Stock Options Exercise $0 +461 +17.91% $0.00 3.03K Aug 1, 2022 Direct F1
transaction MLKN Common Stock Tax liability -$6.15K -201 -6.62% $30.63 2.83K Aug 1, 2022 Direct
transaction MLKN Common Stock Tax liability -$4.15K -135 -4.78% $30.63 2.7K Aug 1, 2022 Direct
holding MLKN Common Stock 2.41 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 -676 -8.35% $0.00 7.42K Aug 1, 2022 Common Stock 676 Direct F2, F3
transaction MLKN Restricted Stock Units Options Exercise $0 -461 -6.21% $0.00 6.96K Aug 1, 2022 Common Stock 461 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.