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INTERFACE INC — Director's Dealing 2010
Dec 15, 2010
31898_dirs_2010-12-15_a71f51d0-7683-493f-acfe-29b0db72dae1.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: INTERFACE INC (IFSIA)
CIK: 0000715787
Period of Report: 2010-12-13
Reporting Person: PARNELL LINDSEY KENNETH (Sr. Vice President)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2010-12-13 | Class A Common Stock | M | 1500 | $4.75 | Acquired | 6670 | Direct |
| 2010-12-13 | Class A Common Stock | M | 50000 | $4.31 | Acquired | 56670 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2010-12-13 | Employee Stock Option (Right to Buy) | $4.75 | M | 1500 | Disposed | 2011-11-26 | Class A or Class B Common Stock (1500) | Direct |
| 2010-12-13 | Employee Stock Option (Right to Buy) | $4.31 | M | 50000 | Disposed | 2019-01-12 | Class A or Class B Common Stock (50000) | Direct |
Footnotes
F1: Exercise of a derivative security exempted pursuant to Rule 16b-6(b).
F2: The option vested and became exercisable at the rate of 20% per year; the first increment became exercisable on November 26, 2002.
F3: 50% of the option became exercisable on January 12, 2010, and the remaining 50% of the option vests and becomes exercisable on January 12, 2011.
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