Jeffrey M. Stutz - Aug 1, 2023 Form 4 Insider Report for MILLERKNOLL, INC. (MLKN)

Signature
By: Jacqueline H. Rice For: Jeffrey M. Stutz
Stock symbol
MLKN
Transactions as of
Aug 1, 2023
Transactions value $
-$116,285
Form type
4
Date filed
8/3/2023, 09:26 PM
Previous filing
Jul 20, 2023
Next filing
Dec 22, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MLKN Common Stock Options Exercise $0 +2.32K +6.06% $0.00 40.5K Aug 1, 2023 Direct F1, F2
transaction MLKN Common Stock Tax liability -$20.8K -1.05K -2.58% $19.87 39.5K Aug 1, 2023 Direct
transaction MLKN Common Stock Options Exercise $0 +1.31K +3.31% $0.00 40.8K Aug 1, 2023 Direct
transaction MLKN Common Stock Tax liability -$12K -604 -1.48% $19.87 40.2K Aug 1, 2023 Direct
transaction MLKN Common Stock Options Exercise $0 +4.15K +10.33% $0.00 44.3K Aug 1, 2023 Direct
transaction MLKN Common Stock Tax liability -$38.6K -1.94K -4.39% $19.87 42.4K Aug 1, 2023 Direct
transaction MLKN Common Stock Options Exercise $0 +5.2K +12.27% $0.00 47.6K Aug 1, 2023 Direct
transaction MLKN Common Stock Tax liability -$44.9K -2.26K -4.74% $19.87 45.3K Aug 1, 2023 Direct
holding MLKN Common Stock 13.8K Aug 1, 2023 by profit share plan

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 -2.32K -5.44% $0.00 40.3K Aug 1, 2023 Common Stock 2.32K Direct F3, F4
transaction MLKN Restricted Stock Units Options Exercise $0 -1.31K -3.25% $0.00 38.9K Aug 1, 2023 Common Stock 1.31K Direct F3, F5
transaction MLKN Restricted Stock Units Options Exercise $0 -4.15K -10.66% $0.00 34.8K Aug 1, 2023 Common Stock 4.15K 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 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 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% at year one, 25% at year two, and 50% at year three. Vesting is on August 1 of each respective year.
F5 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.
F6 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.