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MILLERKNOLL, INC. — Director's Dealing 2020
Jul 21, 2020
32079_dirs_2020-07-21_fc905dc9-aba6-4c54-9166-2e8dd6ea19c5.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: HERMAN MILLER INC (MLHR)
CIK: 0000066382
Period of Report: 2020-07-14
Reporting Person: Veltman Kevin J. (VP of IR & Treasurer)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2020-07-18 | Common Stock | M | 836 | $0.0 | Acquired | 1545.5642 | Direct |
| 2020-07-18 | Common Stock | F | 246.5642 | $23.05 | Disposed | 1299 | Direct |
| 2020-07-18 | Common Stock | A | 620 | $0.0 | Acquired | 1919 | Direct |
| 2020-07-18 | Common Stock | F | 172 | $23.05 | Disposed | 1747 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2020-07-14 | Non-Qualified Stock Option (right to buy) | $23.52 | A | 7500 | Acquired | 2030-07-14 | Common Stock (7500) | Direct |
| 2020-07-18 | Restricted Stock Units | $ | M | 836 | Disposed | Common Stock (836) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 576.222 | Indirect |
Footnotes
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: Shares issued July 18, 2020 pursuant to Performance Share Units granted on July 18, 2017 under the Company's 2011 LTIP with a three year performance period.
F3: The exercise price of this premium-priced option is equal to 110% of the closing price of Herman Miller's common stock on the date of grant.
F4: This grant vests in three equal annual installments beginning on the first anniversary of the grant date.
F5: Each restricted stock unit represents a contingent right to receive one share of MLHR common stock.
F6: The restricted stock units have a three year cliff vest.