SEC Form 4 · accession 0001586610-16-000008
KNOLL INC · KNL
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Pamela J Ahrens
Officer — Sr.V.P.-Sales and Distribution
Period of report
Feb 17, 2016
Accepted (ET)
Feb 19, 2016 · 4:49 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 17, 2016 | A | 7,500 | $0.00 | A | 31,733 | 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 UnitsF3,F2,F4 | — | Feb 17, 2016 | A | 7,500 | A | — | — | Common Stock | 7,500 | 7,500 | 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.
- F3Represents 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.
- F4These restricted stock units vest after a three-year performance period, subject to the issuer's satisfaction of certain performance criteria.