Veltman Kevin J. 4
4 · MILLERKNOLL, INC. · Filed Nov 18, 2021
Insider Transaction Report
Form 4
Veltman Kevin J.
VP of IR & Treasurer
Transactions
- Exercise/Conversion
Restricted Stock Units
2021-08-01−428→ 5,902 total→ Common Stock (428 underlying) - Exercise/Conversion
Common Stock
2021-07-16+771→ 2,780.952 total - Tax Payment
Common Stock
2021-07-16$43.04/sh−232.828$10,021→ 2,548.124 total - Award
Restricted Stock Units
2021-07-13+1,640→ 7,101 total→ Common Stock (1,640 underlying) - Award
Common Stock
2021-07-19+74→ 2,622.124 total - Tax Payment
Common Stock
2021-08-01$43.15/sh−124.965$5,392→ 2,931.124 total - Exercise/Conversion
Restricted Stock Units
2021-07-16−771→ 6,330 total→ Common Stock (771 underlying) - Exercise/Conversion
Common Stock
2021-08-01+428→ 3,056.089 total
Holdings
- 576.222(indirect: by profit share plan)
Common Stock
Footnotes (7)
- [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.