John P. Michael - 14 Jan 2023 Form 4 Insider Report for MILLERKNOLL, INC. (MLKN)

Signature
By: Jacqueline H. Rice For: John P. Michael
Issuer symbol
MLKN
Transactions as of
14 Jan 2023
Net transactions value
-$4,356
Form type
4
Filing time
17 Jan 2023, 15:29:55 UTC
Previous filing
03 Aug 2022
Next filing
20 Jul 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MLKN Common Stock Options Exercise $0 +370 +9.5% $0.000000 4,283 14 Jan 2023 Direct F1
transaction MLKN Common Stock Tax liability $4,356 -192 -4.5% $22.73 4,091 14 Jan 2023 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 -370 -2.4% $0.000000 14,763 14 Jan 2023 Common Stock 370 Direct F2, F3
* 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 1/14/2022, 25% on 1/14/2023, and 50% 1/14/2024.