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INTERFACE INC — Director's Dealing 2010
Dec 28, 2010
31898_dirs_2010-12-28_cbab8a27-9d1d-4c57-937a-b4cde3b45bec.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: 2010-12-27
Reporting Person: CALLAWAY EDWARD C (Director)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2010-12-27 | Class B Common Stock | M | 20000 | $5.22 | Acquired | 41000 | Direct |
| 2010-12-27 | Class B Common Stock | M | 2500 | $4.31 | Acquired | 43500 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2010-12-27 | Stock Option (Right to Buy) | $5.22 | M | 20000 | Disposed | 2013-10-22 | Class A or Class B Common Stock (20000) | Direct |
| 2010-12-27 | Stock Option (Right to Buy) | $4.31 | M | 2500 | Disposed | 2019-01-12 | Class A or Class B Common Stock (2500) | Direct |
Footnotes
F1: Exercise of a derivative security exempted pursuant to Rule 16b-6(b).
F2: A substantial number of such shares are restricted shares subject to a risk of forfeiture under certain circumstances.
F3: The option vested and became exercisable at the rate of 20% per year. The first increment became exercisable on October 22, 2004.
F4: 50% of the option became exercisable on the first anniversary of the grant date, and the remaining 50% of the option vests and becomes exercisable on January 12, 2011
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