Andrea R. Owen - 01 Aug 2023 Form 4 Insider Report for MILLERKNOLL, INC. (MLKN)

Signature
By: Jacqueline H. Rice For: Andrea R. Owen
Issuer symbol
MLKN
Transactions as of
01 Aug 2023
Net transactions value
-$339,218
Form type
4
Filing time
03 Aug 2023, 20:41:36 UTC
Previous filing
20 Jul 2023
Next filing
28 May 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MLKN Common Stock Options Exercise $0 +4,739 +4.6% $0.000000 107,322 01 Aug 2023 Direct F1
transaction MLKN Common Stock Tax liability $28,463 -1,432 -1.3% $19.87 105,890 01 Aug 2023 Direct
transaction MLKN Common Stock Options Exercise $0 +17,704 +17% $0.000000 123,594 01 Aug 2023 Direct
transaction MLKN Common Stock Tax liability $107,815 -5,426 -4.4% $19.87 118,168 01 Aug 2023 Direct
transaction MLKN Common Stock Options Exercise $0 +10,000 +8.5% $0.000000 128,168 01 Aug 2023 Direct
transaction MLKN Common Stock Tax liability $77,821 -3,917 -3.1% $19.87 124,251 01 Aug 2023 Direct
transaction MLKN Common Stock Options Exercise $0 +22,172 +18% $0.000000 146,423 01 Aug 2023 Direct
transaction MLKN Common Stock Tax liability $125,118 -6,297 -4.3% $19.87 140,126 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 -4,739 -2.9% $0.000000 156,700 01 Aug 2023 Common Stock 4,739 Direct F2, F3
transaction MLKN Restricted Stock Units Options Exercise $0 -17,704 -11% $0.000000 138,996 01 Aug 2023 Common Stock 17,704 Direct F2, F4
transaction MLKN Restricted Stock Units Options Exercise $0 -10,000 -7.2% $0.000000 128,996 01 Aug 2023 Common Stock 10,000 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.