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

Signature
By: Jacqueline H. Rice For: Jeffrey M. Stutz
Stock symbol
MLKN
Transactions as of
Jul 19, 2024
Transactions value $
-$52,321
Form type
4
Date filed
7/22/2024, 05:28 PM
Previous filing
Jul 18, 2024
Next filing
Aug 5, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MLKN Common Stock Options Exercise $0 +3.66K +10.05% $0.00 40.1K Jul 19, 2024 Direct F1, F2, F3
transaction MLKN Common Stock Tax liability -$52.3K -1.83K -4.57% $28.54 38.3K Jul 19, 2024 Direct
holding MLKN Common Stock 14.2K Jul 19, 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 -3.66K -4.18% $0.00 83.9K Jul 19, 2024 Common Stock 3.66K 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.