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:
Knoll's Global Chief Info. Officer just picked up 25,000 shares - July 25, 2014
Knoll, Inc. Third Quarter 2014 Investor Presentation Andrew Cogan, Ceo Craig Spray, Svp & Cfo July 22, 2014 - July 22, 2014