John P. Michael - Jul 16, 2024 Form 4 Insider Report for MILLERKNOLL, INC. (MLKN)

Role
President Americas Cntrct
Signature
By: Jacqueline H. Rice For: John P. Michael
Stock symbol
MLKN
Transactions as of
Jul 16, 2024
Transactions value $
$0
Form type
4
Date filed
7/18/2024, 01:41 PM
Previous filing
Jan 19, 2024
Next filing
Aug 5, 2024

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 Award $0 +18K +58.26% $0.00 48.9K Jul 16, 2024 Common Stock 18K Direct F1, F2
transaction MLKN Restricted Stock Units Award $0 +32.1K +65.58% $0.00 81K Jul 16, 2024 Common Stock 32.1K Direct F1, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted stock unit represents a contingent right to receive one share of MLKN common stock.
F2 The restricted stock units are subject to a three-year vest schedule, vesting 33% at year one, 33% at year two, and 34% at year three. Vesting for each tranche occurs on July 22nd of each respective year.
F3 These restricted stock units were granted due to the executive electing to receive their fiscal 2024 annual incentive bonus in the form of RSUs under the Companys Long-term Incentive Plan, instead of a cash bonus under the Companys Annual Incentive Plan. The restricted stock units will cliff vest on July 22, 2025.