SEC Form 4 · accession 0001140361-15-008669
INTERFACE INC · TILE
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Edward C Callaway
Director
Period of report
Feb 20, 2015
Accepted (ET)
Feb 24, 2015 · 3:41 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000715787
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF2 | Feb 20, 2015 | M | 2,500 | $4.31 | A | 12,050 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Option (Right to Buy)F3 | $4.31 | Feb 20, 2015 | M | 2,500 | D | Jan 12, 2010 | Jan 12, 2019 | Common Stock | 2,500 | 0 | D |
Explanation of responses
- F1Exercise of a derivative security exempted pursuant to Rule 16b-6(b).
- F2A substantial number of such shares are restricted shares subject to a risk of forfeiture under certain circumstances.
- F350% of the option became exercisable on the first anniversary of the grant date, and the remaining 50% of the option vested and became exercisable on January 12, 2011.