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INTERFACE INC — Director's Dealing 2011
Mar 15, 2011
31898_dirs_2011-03-15_7f63d88f-7d96-42b3-8058-e1afaa9d6924.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: 2011-03-11
Reporting Person: WELLS JOHN R (Sr. Vice President)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2011-03-11 | Class A Common Stock | M | 62500 | $4.31 | Acquired | 248028 | Direct |
| 2011-03-11 | Class A Common Stock | S | 39299 | $16.4526 | Disposed | 208729 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2011-03-11 | Employee Stock Option (Right to Buy) | $4.31 | M | 62500 | Disposed | 2019-01-12 | Class A or Class B Common Stock (62500) | Direct |
Footnotes
F1: Exercise of a derivaive security exempted pursuant to Rule 16b-6(b).
F2: Reflects a weighted average sale price of $16.4526. The shares were sold in multiple transactions at prices ranging from $16.40 to $16.71 per share, inclusive. The reporting person will provide to Interface, Inc., any security holder of Interface, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range.
F3: 50% of the option became exercisable on January 12, 2010, and the remaining 50% of the option became exercisable on January 12, 2011.