These shares will cliff vest on the fourth anniversary of the date of grant.
Each restricted stock unit represents a contingent right to receive, at settlement, one share of the issuer's common stock.
These restricted stock units vest subject to the issuer's satisfaction of certain performance criteria.
The above information was disclosed in a filing to the SEC. To see this filing in its entirety, click here.
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Other recent filings from the company include the following:
Statement of changes in beneficial ownership of securities - Feb. 26, 2015
Knoll director just disposed of 3,510 shares - Feb. 25, 2015
Knoll's President and COO just cashed-in 105,000 options - Feb. 17, 2015
Praesidium Investment Management Company just issued a filing suggesting it has sold all of its $KNL - Feb. 17, 2015
Statement of acquisition of beneficial ownership by individuals - Feb. 13, 2015