Knoll's Sr.V.P.Chief Marketing Officer just cashed-in 10,000 options

David L Schutte, Knoll's Sr.V.P.Chief Marketing Officer, recently cashed-in 10,000 options. The options were exercised at $14.52, while the sales took place at $16.75 per share, on October 28, 2013. Schutte continues to hold 70,909 shares of the company. Schutte operates out of East Greenville, PA. Some additional info was provided as follows:

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $16.75 to $16.78, inclusive. The reporting person undertakes to provide to Knoll, Inc., any security holder of Knoll, 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 i n footnote (1) to this Form 4. These options are a portion of the stock options that vested in four annual installments beginning on the first anniversary of June 7, 2004.

The above information was disclosed in a filing to the SEC. To see this filing in its entirety, click here.

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