Jacqueline H. Rice - Aug 1, 2023 Form 4 Insider Report for MILLERKNOLL, INC. (MLKN)

Signature
Jacqueline H. Rice
Stock symbol
MLKN
Transactions as of
Aug 1, 2023
Transactions value $
-$54,234
Form type
4
Date filed
8/3/2023, 09:09 PM
Previous filing
Jul 20, 2023
Next filing
Sep 7, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MLKN Common Stock Options Exercise $0 +1.47K +14.91% $0.00 11.3K Aug 1, 2023 Direct F1, F2
transaction MLKN Common Stock Tax liability -$8.63K -434 -3.84% $19.87 10.9K Aug 1, 2023 Direct
transaction MLKN Common Stock Options Exercise $0 +824 +7.57% $0.00 11.7K Aug 1, 2023 Direct
transaction MLKN Common Stock Tax liability -$4.95K -249 -2.13% $19.87 11.5K Aug 1, 2023 Direct
transaction MLKN Common Stock Options Exercise $0 +3.09K +26.96% $0.00 14.6K Aug 1, 2023 Direct
transaction MLKN Common Stock Tax liability -$18.8K -947 -6.51% $19.87 13.6K Aug 1, 2023 Direct
transaction MLKN Common Stock Options Exercise $0 +3.87K +28.45% $0.00 17.5K Aug 1, 2023 Direct F3
transaction MLKN Common Stock Tax liability -$21.8K -1.1K -6.29% $19.87 16.4K 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 -1.47K -5.81% $0.00 23.8K Aug 1, 2023 Common Stock 1.47K Direct F4, F5
transaction MLKN Restricted Stock Units Options Exercise $0 -824 -3.46% $0.00 23K Aug 1, 2023 Common Stock 824 Direct F4, F6
transaction MLKN Restricted Stock Units Options Exercise $0 -3.09K -13.45% $0.00 19.9K Aug 1, 2023 Common Stock 3.09K Direct F4, F7
* 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 The directly owned common stock holdings reflected in Table I of this form include shares purchased through the MillerKnoll, Inc. Employee Stock Purchase Plan, which satisfies the exemption requirements of Rule 16b-3.
F3 Shares issued August 1, 2023 pursuant to Performance Share Units granted on January 14, 2021 under the Company's 2011 LTIP.
F4 Each restricted stock unit represents a contingent right to receive one share of MLKN common stock.
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.
F6 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.
F7 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.