John P. Michael - 14 Jan 2024 Form 4 Insider Report for MILLERKNOLL, INC. (MLKN)

Signature
By: Jaqueline H. Rice For: John P. Michael
Issuer symbol
MLKN
Transactions as of
14 Jan 2024
Transactions value $
-$10,099
Form type
4
Filing time
19 Jan 2024, 19:26:20 UTC
Previous filing
03 Aug 2023
Next filing
18 Jul 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MLKN Common Stock Options Exercise $0 +739 +8.06% $0.00 9.91K 14 Jan 2024 Direct F1, F2
transaction MLKN Common Stock Tax liability -$10.1K -397 -4% $25.47 9.52K 14 Jan 2024 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 Restricted Stock Units Options Exercise $0 -739 -2.34% $0.00 30.9K 14 Jan 2024 Common Stock 739 Direct F1, F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 This late filing is due to an inadvertent administrative error and not any error of the reporting person.
F2 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.
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% on 1/14/2022, 25% on 1/14/2023, and 50% 1/14/2024.