SEC Form 4 · accession 0001388038-15-000065
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
Jul 29, 2015
Accepted (ET)
Jul 31, 2015 · 4:31 pm EDT
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 | Jul 29, 2015 | M | 10,921 | $10.24 | A | 55,082 | D | |
| Common StockF1 | Jul 29, 2015 | S | 10,921 | $23.82 | D | 44,161 | 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)F2 | $10.24 | Jul 29, 2015 | M | 10,921 | D | — | Oct 20, 2016 | Common Stock | 10,921 | 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 $23.80 to $23.92, 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.
- F2These stock options are a portion of the stock options that vested in four annual installments beginning on the first anniversary of October 20, 2009.