DAVID BRANDON - 16 Oct 2023 Form 4 Insider Report for MILLERKNOLL, INC. (MLKN)

Role
Director
Signature
By: Jacqueline H. Rice For: David A. Brandon
Issuer symbol
MLKN
Transactions as of
16 Oct 2023
Net transactions value
-$43.86
Form type
4
Filing time
18 Oct 2023, 21:25:32 UTC
Previous filing
04 Oct 2023
Next filing
04 Jan 2024
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 +9,029 +54% $0.000000 25,838 16 Oct 2023 Direct
transaction MLKN Common Stock Other $43.86 -2 -0.01% $25.26 25,836 16 Oct 2023 Direct F1

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 Phantom Stock Options Exercise $0 -9,029 -100% $0.000000* 0 16 Oct 2023 Common Stock 9,029 Direct F2, F3, F4, F5, F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

DAVID BRANDON is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id Content
F1 Cash in lieu of fractional shares.
F2 Each share of phantom stock is the economic equivalent of one share of common stock. The shares of phantom stock become payable, in shares of common stock, at the election of the reporting person made in accordance with the company's director deferred compensation plan.
F3 As previously reported on the Form 8-K filed on March 13, 2023, Mr. Brandon's resignation as a director of MillerKnoll, Inc. was effective as of the date of the Company's 2023 Annual Shareholder Meeting which took place on October 16, 2023.
F4 Distribution at termination of the director's service as a director of MillerKnoll, Inc. is in accordance with Mr. Brandon's Alternative Payment Event elections that were made at time of deferral.
F5 Expiration date is October 16, 2023.
F6 The Number of Derivative Securities Beneficially Owned reflected in Table II of this form include shares acquired through participation in the MillerKnoll, Inc. Director Deferred Compensation Plan, which satisfies the exemption of Rule 16b-3.