Jeffrey M. Stutz - 01 Aug 2023 Form 4 Insider Report for MILLERKNOLL, INC. (MLKN)

Role
Chief Fincl Officer
Signature
By: Jacqueline H. Rice For: Jeffrey M. Stutz
Issuer symbol
MLKN
Transactions as of
01 Aug 2023
Net transactions value
-$116,285
Form type
4
Filing time
03 Aug 2023, 21:26:54 UTC
Previous filing
20 Jul 2023
Next filing
22 Dec 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 +2,316 +6.1% $0.000000 40,517 01 Aug 2023 Direct F1, F2
transaction MLKN Common Stock Tax liability $20,788 -1,046 -2.6% $19.87 39,471 01 Aug 2023 Direct
transaction MLKN Common Stock Options Exercise $0 +1,308 +3.3% $0.000000 40,779 01 Aug 2023 Direct
transaction MLKN Common Stock Tax liability $12,005 -604 -1.5% $19.87 40,175 01 Aug 2023 Direct
transaction MLKN Common Stock Options Exercise $0 +4,152 +10% $0.000000 44,327 01 Aug 2023 Direct
transaction MLKN Common Stock Tax liability $38,640 -1,945 -4.4% $19.87 42,382 01 Aug 2023 Direct
transaction MLKN Common Stock Options Exercise $0 +5,201 +12% $0.000000 47,583 01 Aug 2023 Direct
transaction MLKN Common Stock Tax liability $44,851 -2,257 -4.7% $19.87 45,326 01 Aug 2023 Direct
holding MLKN Common Stock 13,794 01 Aug 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 -2,316 -5.4% $0.000000 40,252 01 Aug 2023 Common Stock 2,316 Direct F3, F4
transaction MLKN Restricted Stock Units Options Exercise $0 -1,308 -3.2% $0.000000 38,944 01 Aug 2023 Common Stock 1,308 Direct F3, F5
transaction MLKN Restricted Stock Units Options Exercise $0 -4,152 -11% $0.000000 34,792 01 Aug 2023 Common Stock 4,152 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.