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INTERFACE INC — Director's Dealing 2011
Feb 25, 2011
31898_dirs_2011-02-25_0ed00165-8d32-413f-99f2-1cd4fa1c45f0.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: HENDRIX DANIEL T (Director, President & CEO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2011-02-23 | Class B Common Stock | A | 200000 | — | Acquired | 816242 | Direct |
| 2011-02-24 | Class B Common Stock | C | 90454 | — | Disposed | 725788 | Direct |
| 2011-02-24 | Class A Common Stock | C | 90454 | — | Acquired | 194248 | Direct |
| 2011-02-24 | Class A Common Stock | S | 45227 | $16.3154 | Disposed | 149021 | Direct |
| 2011-02-25 | Class A Common Stock | S | 45227 | $16.1474 | Disposed | 103794 | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Class B Common Stock | 4408 | Indirect |
Footnotes
F1: A substantial number of such shares are restricted shares subject to a risk of forfeiture under certain circumstances.
F2: 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.
F3: The sales were effected pursuant to a Rule 10b5-1(c) trading plan adopted by the reporting person on November 19, 2009.
F4: Reflects a weighted average sale price of $16.3154. The shares were sold in multiple transactions at prices ranging from $16.10 to $ 16.45 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 ranges set forth in footnotes 4 and 5 of this Form 4.
F5: The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $16.10 to $16.18, inclusive.