Filing Details

Accession Number:
0001140361-11-024413
Form Type:
4
Zero Holdings:
No
Publication Time:
2011-05-03 11:39:33
Reporting Period:
2011-04-29
Filing Date:
2011-05-03
Accepted Time:
2011-05-03 11:39:33
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
715787 Interface Inc IFSIA Carpets & Rugs (2273) 581451243
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1145964 C Patrick Lynch 2859 Paces Ferry Road
Overlook Iii, Suite 2000
Atlanta GA 30339
Sr. Vice President & Cfo No Yes No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Class A Common Stock Acquisiton 2011-04-29 50,000 $4.31 153,898 No 4 M Direct
Class A Common Stock Disposition 2011-04-29 50,000 $18.69 103,898 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 M Direct
No 4 S Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Class A Or Class B Common Stock Employee Stock Option (Right to Buy) Disposition 2011-04-29 50,000 $0.00 50,000 $4.31
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
0 2010-01-12 2019-01-12 No 4 M Direct
Footnotes
  1. Exercise of a derivative security exempted pursuant to Rule 16b-6(b).
  2. Reflects a weighted average sale price of $18.6918. The shares were sold in multiple transactions at prices ranging from $18.60 to $18.81 per share, inclusive. The reporting person will provide to Interface, Inc., any security holder of Interface, 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 range set forth herein.
  3. 50% of the option vested and became exercisable on January 12, 2010 and the remaining 50% of the option vested and became exercisable on January 12, 2011.