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INTERFACE INC — Director's Dealing 2011
Feb 25, 2011
31898_dirs_2011-02-25_07c7dedf-3a21-4ead-8ab7-235ae794ab1b.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: 2011-02-24
Reporting Person: LYNCH PATRICK C (Sr. Vice President & CFO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2011-02-24 | Class B Common Stock | C | 51725 | — | Disposed | 104891 | Direct |
| 2011-02-24 | Class A Common Stock | C | 51725 | — | Acquired | 124588 | Direct |
| 2011-02-24 | Class A Common Stock | S | 20690 | $16.3229 | Disposed | 103898 | Direct |
Footnotes
F1: Conversion of a security exempted pursuant to Rule 16(b)-6b. The reporting person exchanged Class B shares for Class A shares on a one-for-one basis.
F2: A substantial number of such shares are restricted shares subject to a risk of forfeiture under certain circumstances.
F3: The sales were effected pursuant to a Rule 10b5-1(c) trading plan adopted by the reporting person on December 28, 2009.
F4: Reflects a weighted average sale price of $16.3229. The shares were sold in multiple transactions at prices ranging from $15.94 to $16.47 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 reguest, full information regarding the number of shares sold at each separate price within the range.