AI assistant
MILLERKNOLL, INC. — Director's Dealing 2021
Nov 18, 2021
32079_dirs_2021-11-18_efc2bf4c-1a84-42cb-80c6-2989efcc0a3c.zip
Director's Dealing
Open in viewerOpens in your device viewer
SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: MILLERKNOLL, INC. (MLHR)
CIK: 0000066382
Period of Report: 2021-07-13
Reporting Person: Veltman Kevin J. (VP of IR & Treasurer)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2021-07-16 | Common Stock | M | 771 | $0.0 | Acquired | 2780.9515 | Direct |
| 2021-07-16 | Common Stock | F | 232.828 | $43.04 | Disposed | 2548.1235 | Direct |
| 2021-07-19 | Common Stock | A | 74 | — | Acquired | 2622.1235 | Direct |
| 2021-08-01 | Common Stock | M | 428 | $0.0 | Acquired | 3056.0888 | Direct |
| 2021-08-01 | Common Stock | F | 124.9653 | $43.15 | Disposed | 2931.1235 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2021-07-13 | Restricted Stock Units | $ | A | 1640 | Acquired | Common Stock (1640) | Direct | |
| 2021-07-16 | Restricted Stock Units | $ | M | 771 | Disposed | Common Stock (771) | Direct | |
| 2021-08-01 | Restricted Stock Units | $ | M | 428 | Disposed | Common Stock (428) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 576.222 | Indirect |
Footnotes
F1: The directly owned common stock holdings reflected in Table I of this form include shares purchased through Herman Miller's 1995 Employees' Stock Purchase Plan, which satisfies the exemption requirements of Rule 16b-3.
F2: 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.
F3: Shares were issued pursuant to Herman Miller?s acquisition of Knoll in respect of shares of Knoll common stock held as of immediately prior to the effective time of the merger. In the merger, each share of Knoll common stock (subject to certain exceptions as set forth in the merger agreement) was converted into the right to receive 0.32 shares of Herman Miller common stock and $11.00 in cash, with cash paid in lieu of fractional shares.
F4: Each restricted stock unit represents a contingent right to receive one share of MLHR common stock.
F5: The restricted stock units are subject to a three-year vest schedule, vesting 25% on 8/1/2022, 25% on 8/1/2023, and 50% 8/1/2024.
F6: The restricted stock units have a three year cliff vest.
F7: The restricted stock units are subject to a three-year vest schedule, vesting 25% on 8/1/2021, 25% on 8/1/2022, and 50% on 8/1/2023.