[Form 4] MillerKnoll, Inc. Insider Trading Activity
Filing Impact
Filing Sentiment
Form Type
4
Insider Trade Summary
35,376 shares exercised/converted
Mixed
7 txns
Insider
Watson Bruce Benedict
Role
Chief Creative and Product
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 30,131 | $0.00 | -- |
| Exercise | Restricted Stock Units | 5,245 | $0.00 | -- |
| Exercise | Common Stock | 30,131 | $0.00 | -- |
| Exercise | Common Stock | 5,245 | $0.00 | -- |
| Tax Withholding | Common Stock | 2,372.817 | $19.50 | $46K |
| Tax Withholding | Common Stock | 13,633.693 | $19.50 | $266K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Units — 59,176 shares (Direct);
Common Stock — 82,716.313 shares (Direct);
Common Stock — 2,123.597 shares (Indirect, by profit share plan)
Footnotes (1)
- 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. Each restricted stock unit represents a contingent right to receive one share of MLKN common stock. 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. 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.
