Groom Benjamin P.T. 4
4 · HERMAN MILLER INC · Filed Jul 16, 2020
Insider Transaction Report
Form 4
Groom Benjamin P.T.
Other
Transactions
- Award
Non-Qualified Stock Option (right to buy)
2020-07-14+24,900→ 24,900 totalExercise: $23.52Exp: 2030-07-14→ Common Stock (24,900 underlying) - Award
Non-Qualified Stock Option (right to buy)
2020-07-14+14,684→ 14,684 totalExercise: $21.38Exp: 2030-07-14→ Common Stock (14,684 underlying) - Award
Restricted Stock Units
2020-07-14+4,185→ 7,995 total→ Common Stock (4,185 underlying)
Footnotes (4)
- [F1]This grant vests in three equal annual installments beginning on the first anniversary of the grant date.
- [F2]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.
- [F3]Each restricted stock unit represents a contingent right to receive one share of MLHR common stock.
- [F4]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% 8/1/2023.