Jeffrey M. Stutz - 19 Jul 2024 Form 4 Insider Report for MILLERKNOLL, INC. (MLKN)

Signature
By: Jacqueline H. Rice For: Jeffrey M. Stutz
Issuer symbol
MLKN
Transactions as of
19 Jul 2024
Net transactions value
-$52,321
Form type
4
Filing time
22 Jul 2024, 17:28:25 UTC
Previous filing
18 Jul 2024
Next filing
05 Aug 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MLKN Common Stock Options Exercise $0 +3,662 +10% $0.000000 40,091 19 Jul 2024 Direct F1, F2, F3
transaction MLKN Common Stock Tax liability $52,321 -1,833 -4.6% $28.54 38,257 19 Jul 2024 Direct
holding MLKN Common Stock 14,188 19 Jul 2024 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 -3,662 -4.2% $0.000000 83,892 19 Jul 2024 Common Stock 3,662 Direct F4, F5, 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 acquisition of Common Stock set forth in this row resulted from the deferred release of a RSU award granted on July 19, 2016. The reported person elected to defer receipt of these RSUs until July 19, 2024, or the earlier of alternative payment events which did not occur.
F3 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.
F4 Each restricted stock unit represents a contingent right to receive one share of MLKN common stock.
F5 The RSUs were granted on July 19, 2016, and cliff vested on July 19, 2019.
F6 RSUs do not have an expiration date.