[Form 4] MillerKnoll, Inc. Insider Trading Activity
Insider Trade Summary
38,060 shares exercised/converted
Exercise
6 txns
Insider
Propst Debbie F
Role
President Global Retail
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 32,066 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units | 5,994 | $0.00 | $0.00 |
| Exercise | Common Stock | 5,994 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 2,881.841 | $19.50 | $56K |
| Exercise Price or Tax Liability | Common Stock | 15,421.906 | $19.50 | $301K |
| Exercise | Common Stock | 32,066 | $0.00 | $0.00 |
Holdings After Transaction:
Restricted Stock Units — 64,079 contracts (Direct);
Common Stock — 41,939.6545 shares (Direct)
Footnotes (4)
- 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. Each restricted stock unit represents a contingent right to receive one share of MLKN common stock.
- 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.
- F4. 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.
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