SEC Form 4 · accession 0001310400-15-000002
KNOLL INC · KNL
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Andrew B Cogan
Officer — Chief Executive Officer · Director
Period of report
Feb 9, 2015
Accepted (ET)
Feb 10, 2015 · 5:02 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001011570
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Feb 9, 2015 | A | 40,000 | $0.00 | A | 825,841 | D | |
| Common Stock | Feb 10, 2015 | F | 43,902 | $21.31 | D | 781,939 | D | |
| Common StockF5 | Feb 10, 2015 | S | 75,196 | $21.09 | D | 706,743 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF2,F3 | — | Feb 9, 2015 | A | 40,000 | A | — | — | Common Stock | 40,000 | 40,000 | D |
Explanation of responses
- F1These shares will cliff vest on the third anniversary of the date of grant.
- F2Each restricted stock unit represents a contingent right to receive, at settlement, one share of the issuer's common stock.
- F3These restricted stock units vest subject to the issuer's satisfaction of certain performance criteria.
- F4These shares were withheld by the issuer to cover taxes associated with the vesting of certain restricted shares.
- F5The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $21.00 to $21.50, inclusive. The reporting person undertakes to provide to Knoll, Inc., any security holder of Knoll, 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 set forth in footnote (5) to this Form 4.