Hourigan Rice Jacqueline - 01 Aug 2023 Form 4 Insider Report for MILLERKNOLL, INC. (MLKN)

Role
Gen Counsel & Corp Sectry
Signature
Jacqueline H. Rice
Issuer symbol
MLKN
Transactions as of
01 Aug 2023
Net transactions value
-$54,234
Form type
4
Filing time
03 Aug 2023, 21:09:49 UTC
Previous filing
20 Jul 2023
Next filing
07 Sep 2023
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 +1,469 +15% $0.000000 11,320 01 Aug 2023 Direct F1, F2
transaction MLKN Common Stock Tax liability $8,628 -434 -3.8% $19.87 10,886 01 Aug 2023 Direct
transaction MLKN Common Stock Options Exercise $0 +824 +7.6% $0.000000 11,710 01 Aug 2023 Direct
transaction MLKN Common Stock Tax liability $4,949 -249 -2.1% $19.87 11,461 01 Aug 2023 Direct
transaction MLKN Common Stock Options Exercise $0 +3,090 +27% $0.000000 14,551 01 Aug 2023 Direct
transaction MLKN Common Stock Tax liability $18,818 -947 -6.5% $19.87 13,604 01 Aug 2023 Direct
transaction MLKN Common Stock Options Exercise $0 +3,870 +28% $0.000000 17,474 01 Aug 2023 Direct F3
transaction MLKN Common Stock Tax liability $21,839 -1,099 -6.3% $19.87 16,375 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 -1,469 -5.8% $0.000000 23,801 01 Aug 2023 Common Stock 1,469 Direct F4, F5
transaction MLKN Restricted Stock Units Options Exercise $0 -824 -3.5% $0.000000 22,977 01 Aug 2023 Common Stock 824 Direct F4, F6
transaction MLKN Restricted Stock Units Options Exercise $0 -3,090 -13% $0.000000 19,887 01 Aug 2023 Common Stock 3,090 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.