Timothy C Straker - 01 Aug 2022 Form 4 Insider Report for MILLERKNOLL, INC. (MLKN)

Role
SVP Marketing & Cust Experienc
Signature
By: Jacqueline H. Rice For: Timothy C Straker
Issuer symbol
MLKN
Transactions as of
01 Aug 2022
Net transactions value
-$10,300
Form type
4
Filing time
03 Aug 2022, 21:59:31 UTC
Previous filing
19 Jul 2022
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 +676 +36% $0.000000 2,573 01 Aug 2022 Direct F1
transaction MLKN Common Stock Options Exercise $0 +461 +18% $0.000000 3,034 01 Aug 2022 Direct F1
transaction MLKN Common Stock Tax liability $6,153 -201 -6.6% $30.63 2,833 01 Aug 2022 Direct
transaction MLKN Common Stock Tax liability $4,147 -135 -4.8% $30.63 2,698 01 Aug 2022 Direct
holding MLKN Common Stock 2 01 Aug 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 -8.3% $0.000000 7,424 01 Aug 2022 Common Stock 676 Direct F2, F3
transaction MLKN Restricted Stock Units Options Exercise $0 -461 -6.2% $0.000000 6,963 01 Aug 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.