Michael R Smith - 15 Jan 2023 Form 4 Insider Report for MILLERKNOLL, INC. (MLKN)

Role
Director
Signature
By: Jacqueline H. Rice For: Michael R. Smith
Issuer symbol
MLKN
Transactions as of
15 Jan 2023
Net transactions value
+$160,997
Form type
4
Filing time
18 Jan 2023, 13:13:32 UTC
Previous filing
15 Nov 2022
Next filing
25 Jan 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 Phantom Stock Award $160,997 +7,083 +149% $22.73 11,849 15 Jan 2023 Common Stock 7,083 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 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.
F2 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.