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:
V.P. of Knoll just disposed of 1,046 shares - Dec. 19, 2014
Knoll's Chief Executive Officer just cashed-in 80,185 options - Dec. 19, 2014
Knoll's Sr.V.P. and CFO just disposed of 3,674 shares - Dec. 18, 2014
Knoll: Departure Of Directors Or Certain Officers; Election Of Directors; Appointment Of Certain Officers; Compensatory Arrangements Of Certain Officers - Dec. 9, 2014