SEC Form 4 · accession 0001388038-15-000042
KNOLL INC · KNL
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Benjamin A Pardo
Officer — E.V.P.-Director of Design
Period of report
Feb 25, 2015
Accepted (ET)
Feb 26, 2015 · 5:44 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 Stock | Feb 25, 2015 | M | 30,000 | $18.77 | A | 78,511 | D | |
| Common StockF1 | Feb 25, 2015 | S | 30,000 | $20.7868 | D | 48,511 | D | |
| Common Stock | Feb 26, 2015 | M | 22,500 | $18.77 | A | 71,011 | D | |
| Common StockF2 | Feb 26, 2015 | S | 22,500 | $20.8415 | D | 48,511 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee Stock Option (Right to Buy)F3 | $18.77 | Feb 25, 2015 | M | 30,000 | D | — | Sep 6, 2015 | Common Stock | 30,000 | 22,500 | D |
| Employee Stock Option (Right to Buy)F3 | $18.77 | Feb 26, 2015 | M | 22,500 | D | — | Sep 6, 2015 | Common Stock | 22,500 | 0 | D |
Explanation of responses
- F1The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $20.77 to $20.90, 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 ranges set forth in footnote (1) to this Form 4.
- F2The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $20.77 to $21.08, 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 ranges set forth in footnote (2) to this Form 4.
- F3These stock options are a portion of the stock options that vested in four annual installments beginning on the first anniversary of September 6, 2005.