CALLAWAY EDWARD C 4
4 · INTERFACE INC · Filed Dec 28, 2010
Insider Transaction Report
Form 4
INTERFACE INCIFSIA
CALLAWAY EDWARD C
Director
Transactions
- Exercise/Conversion
Class B Common Stock
2010-12-27$5.22/sh+20,000$104,400→ 41,000 total - Exercise/Conversion
Class B Common Stock
2010-12-27$4.31/sh+2,500$10,775→ 43,500 total - Exercise/Conversion
Stock Option (Right to Buy)
2010-12-27−20,000→ 0 totalExercise: $5.22From: 2004-10-22Exp: 2013-10-22→ Class A or Class B Common Stock (20,000 underlying) - Exercise/Conversion
Stock Option (Right to Buy)
2010-12-27−2,500→ 2,500 totalExercise: $4.31From: 2010-01-12Exp: 2019-01-12→ Class A or Class B Common Stock (2,500 underlying)
Footnotes (4)
- [F1]Exercise of a derivative security exempted pursuant to Rule 16b-6(b).
- [F2]A substantial number of such shares are restricted shares subject to a risk of forfeiture under certain circumstances.
- [F3]The option vested and became exercisable at the rate of 20% per year. The first increment became exercisable on October 22, 2004.
- [F4]50% of the option became exercisable on the first anniversary of the grant date, and the remaining 50% of the option vests and becomes exercisable on January 12, 2011