SEC Form 4 · accession 0001388038-18-000013
KNOLL INC · KNL
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Roxanne B Klein
Officer — SVP-Human Resources
Period of report
Feb 9, 2018
Accepted (ET)
Feb 13, 2018 · 4:57 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, 2018 | M | 1,250 | $0.00 | A | 14,092 | D | |
| Common StockF2 | Feb 9, 2018 | F | 1,915 | $20.66 | D | 12,177 | D | |
| Common StockF3 | Feb 13, 2018 | A | 6,250 | $0.00 | A | 18,427 | 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 UnitsF1 | $0.00 | Feb 9, 2018 | M | 1,250 | D | — | — | Common Stock | 1,250 | 0 | D |
| Restricted Stock UnitsF4,F5,F6 | $0.00 | Feb 13, 2018 | A | 6,250 | A | — | — | Common Stock | 6,250 | 6,250 | D |
Explanation of responses
- F1These shares represent a portion of the stock units granted on February 9, 2015, that vested based on the issuer's satisfaction of certain performance critera. The remaining portion of these stock units were forfeited as certain performance metrics were not achieved.
- F2These shares were withheld by the issuer to cover taxes associated with the vesting of certain restricted shares and stock units.
- F3These restricted shares will cliff vest on the third anniversary of the date of grant, based on continued service.
- F4Each restricted stock unit represents a contingent right to receive, at settlement, one share of the issuer's common stock.
- F5Represents the target amount of restricted stock units granted to reporting person on the transaction date. Zero to one hundred twenty-five percent of the target amount can vest, subject to the issuer's satisfaction of certain performance criteria.
- F6These restricted stock units vest after a three-year performance period, subject to the issuer's satisfaction of certain performance criteria.