Megan C. Lyon - 01 Aug 2023 Form 4 Insider Report for MILLERKNOLL, INC. (MLKN)

Role: Chief Strategy Offcr
Signature: By: Jacqueline H. Rice For: Megan Christine Lyon
Issuer symbol: MLKN
Transactions as of: 01 Aug 2023
Net transactions value: -$68,730
Form type: 4
Filing time: 03 Aug 2023, 20:04:37 UTC
Previous filing: 20 Jul 2023
Next filing: 18 Jul 2024
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	+1,051	+5.7%	$0.000000	19,379	01 Aug 2023	Direct	F1
transaction	MLKN	Common Stock	Tax liability	$6,312	-318	-1.6%	$19.87	19,062	01 Aug 2023	Direct
transaction	MLKN	Common Stock	Options Exercise	$0	+3,911	+21%	$0.000000	22,973	01 Aug 2023	Direct
transaction	MLKN	Common Stock	Tax liability	$23,817	-1,199	-5.2%	$19.87	21,774	01 Aug 2023	Direct
transaction	MLKN	Common Stock	Options Exercise	$0	+1,866	+8.6%	$0.000000	23,640	01 Aug 2023	Direct
transaction	MLKN	Common Stock	Tax liability	$10,960	-552	-2.3%	$19.87	23,088	01 Aug 2023	Direct
transaction	MLKN	Common Stock	Options Exercise	$0	+4,898	+21%	$0.000000	27,986	01 Aug 2023	Direct	F2
transaction	MLKN	Common Stock	Tax liability	$27,640	-1,391	-5%	$19.87	26,595	01 Aug 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	-1,051	-3.4%	$0.000000	29,751	01 Aug 2023	Common Stock	1,051		Direct	F3, F4
transaction	MLKN	Restricted Stock Units	Options Exercise	$0	-3,911	-13%	$0.000000	25,840	01 Aug 2023	Common Stock	3,911		Direct	F3, F5
transaction	MLKN	Restricted Stock Units	Options Exercise	$0	-1,866	-7.2%	$0.000000	23,974	01 Aug 2023	Common Stock	1,866		Direct	F3, F6

* 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	Shares issued August 1, 2023 pursuant to Performance Share Units granted on January 14, 2021 under the Company's 2011 LTIP.
F3	Each restricted stock unit represents a contingent right to receive one share of MLKN common stock.
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.
F5	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.
F6	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.