Andrea Owen - Aug 1, 2023 Form 4 Insider Report for MILLERKNOLL, INC. (MLKN)

Role
Chief Executive Officer
Signature
By: Jacqueline H. Rice For: Andrea R. Owen
Stock symbol
MLKN
Transactions as of
Aug 1, 2023
Transactions value $
-$339,218
Form type
4
Date filed
8/3/2023, 08:41 PM
Previous filing
Jul 20, 2023
Next filing
May 28, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MLKN Common Stock Options Exercise $0 +4.74K +4.62% $0.00 107K Aug 1, 2023 Direct F1
transaction MLKN Common Stock Tax liability -$28.5K -1.43K -1.33% $19.87 106K Aug 1, 2023 Direct
transaction MLKN Common Stock Options Exercise $0 +17.7K +16.72% $0.00 124K Aug 1, 2023 Direct
transaction MLKN Common Stock Tax liability -$108K -5.43K -4.39% $19.87 118K Aug 1, 2023 Direct
transaction MLKN Common Stock Options Exercise $0 +10K +8.46% $0.00 128K Aug 1, 2023 Direct
transaction MLKN Common Stock Tax liability -$77.8K -3.92K -3.06% $19.87 124K Aug 1, 2023 Direct
transaction MLKN Common Stock Options Exercise $0 +22.2K +17.84% $0.00 146K Aug 1, 2023 Direct
transaction MLKN Common Stock Tax liability -$125K -6.3K -4.3% $19.87 140K Aug 1, 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 -4.74K -2.94% $0.00 157K Aug 1, 2023 Common Stock 4.74K Direct F2, F3
transaction MLKN Restricted Stock Units Options Exercise $0 -17.7K -11.3% $0.00 139K Aug 1, 2023 Common Stock 17.7K Direct F2, F4
transaction MLKN Restricted Stock Units Options Exercise $0 -10K -7.19% $0.00 129K Aug 1, 2023 Common Stock 10K Direct F2, F5
* 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 8/1/2022, 25% on 8/1/2023, and 50% 8/1/2024.
F4 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.
F5 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.