Bruce B. Watson - Jul 18, 2023 Form 4 Insider Report for MILLERKNOLL, INC. (MLKN)

Role
HM BrndPres&ChfProdOfr
Signature
By: Jacqueline H. Rice For: Bruce B. Watson
Stock symbol
MLKN
Transactions as of
Jul 18, 2023
Transactions value $
$0
Form type
4
Date filed
7/20/2023, 08:44 PM
Previous filing
Aug 3, 2022
Next filing
Aug 3, 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 Non-Qualified Stock Option (right to buy) Award $0 +114K $0.00 114K Jul 18, 2023 Common Stock 114K $20.00 Direct F1
transaction MLKN Restricted Stock Units Award $0 +16.3K +112.05% $0.00 30.8K Jul 18, 2023 Common Stock 16.3K Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 This grant vests in three equal annual installments beginning on the first anniversary of the grant date.
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% at year one, 25% at year two, and 50% at year three. Vesting is on August 1 of each respective year.