David Brandon - Jan 15, 2023 Form 4 Insider Report for MILLERKNOLL, INC. (MLKN)

Role
Director
Signature
By: Jacqueline H. Rice For: David A. Brandon
Stock symbol
MLKN
Transactions as of
Jan 15, 2023
Transactions value $
$122,492
Form type
4
Date filed
1/18/2023, 01:09 PM
Previous filing
Jan 5, 2023
Next filing
Mar 14, 2023

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 Performance Shares Options Exercise $0 -1.05K -100% $0.00* 0 Jan 17, 2023 Common Stock 1.05K Direct F1, F2
transaction MLKN Phantom Stock Award $122K +5.39K +159.23% $22.73 8.77K Jan 15, 2023 Common Stock 5.39K Direct F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Performance shares are equal to phantom stock units that were accrued under the HMI Nonemployee Officer and Director Deferred Compensation Stock Purchase Plan, and are payable in shares of the Company's Common Stock only.
F2 1 for 1
F3 Each share of phantom stock is the economic equivalent of one share of common stock. The shares of phantom stock become payable, in shares of common stock, at the election of the reporting person made in accordance with the company's director deferred compensation plan.
F4 The Number of Derivative Securities Beneficially Owned reflected in Table II of this form include shares acquired through participation in the MillerKnoll, Inc. Director Deferred Compensation Plan, which satisfies the exemption of Rule 16b-2.