Form 3

Form 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility
Holding Company Act of 1935 or Section 30(f) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number: 3235-0104
Expires: December 31, 2001
Estimated average burden
hours per response. . . 0.5

(Print or type responses)

 

1.  Name and Address of Reporting Person*



   Lynch,            Patrick           C.

          (Last)            (First)                (Middle)



    2859 Paces Ferry Road, Suite  2000
                                 (Street)



       Atlanta        GA       30339                        

          (City)            (State)                (Zip)

2. Date of Event
Requiring Statement
(Month/Day/Year)

07/24/01

4. Issuer Name and Ticker or Trading Symbol


Interface, Inc.  (IFSIA)

3. I.R.S. Identification
Number of Reporting
Person, if an entity
(voluntary)

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
___ Director          ___ 10% Owner
  X   Officer (give   ___ Other                  title below)                (specify
                                      below)

    Vice President &
 Chief Financial Officer

6. If Amendment, Date of
Original (Month/Day/Year)

7. Individual or Joint/Group
Filing (Check Applicable Line)
_X_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person

Table I -- Non-Derivative Securities Beneficially Owned

1. Title of Security
     (Instr. 4)

2. Amount of Securities
    Beneficially Owned
    (Instr. 4)

3. Ownership
    Form: Direct
    (D) or Indirect
     (I) (Instr. 5)

4. Nature of Indirect Beneficial Ownership
(Instr. 5)

  

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.

Potential persons who are to respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number.

 


Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)

 

1. Title of Derivative Security
(Instr. 4)

2. Date Exer-
cisable and
Expiration
Date
(Month/Day/Year)

3. Title and Amount of Securities Underlying
Derivative Security
(Instr. 4)

4. Conver-
sion or
Exercise
Price of
Deri-
vative
Security

5. Owner-
ship
Form of
Deriv-
ative
Security:
Direct
(D) or
Indirect
(I)
(Instr. 5)

6. Nature of Indirect
Beneficial Ownership
(Instr. 5)

Date
Exer-cisable
Expira-
tion
Date

Title

Amount
or
Number
of
Shares

Employee Stock Option
  (Right to Buy)

(1)

1/14/09

Class A or Class B
Common Stock

5,000   

9.00  

D

 

Employee Stock Option
  (Right to Buy)

(2)

1/04/10

Class A or Class B
Common Stock

10,000   

4.8125  

D

 

Employee Stock Option
  (Right to Buy)

(3)

7/24/11

Class A or Class B
Common Stock

20,000   

6.07  

D

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Explanation of Responses:
(1) The option vests and becomes exercisable at the rate of 20% per year.  The first increment became exercisable on 01/14/2000.
(2) The option vests and becomes exercisable at the rate of 20% per year.  The first increment became exercisable on 01/04/2001.
(3) The option vests and becomes exercisable at the rate of 20% per year.  The first increment becomes exercisable on 7/24/2002.

**

Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).

  /s/  Patrick C. Lynch                                             
       Patrick C. Lynch

   7/31/01      
      Date

Note:

File three copies of this Form, one of which must be manually signed. If space is insufficient,
See Instruction 6 for procedure.

 

Page 2