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(h) of the Investment Company Act of 1940

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1.  Name and Address of Reporting
      Person*




  Parnell, Lindsey Kenneth

          (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)

10-23-02

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 (specify
          title below)                     below)

Vice President

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)

  Class A Common Stock

60

D

  

 

 

 

 

 

 

 

 

 

 

 

 

 

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)

 3-2-00 (1)

 3-2-09

Class A or Class B
Common Stock

 10,000

 $8.875

 D

 

 Employee Stock Option
 (Right to Buy)

 7-6-01(2)

 7-6-10

Class A or Class B
Common Stock

 25,000

 $4.00

 D

 

 Employee Stock Option
 (Right to Buy)

 11-26-02(3)

11-26-11

Class A or Class B
Common Stock

 7,500

 $4.75

 D

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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

Explanation of Responses:

(1)  The option vests and becomes exercisable at the rate of 20% per year; the first increment (2,000 shares) became exercisable on March 2, 2000.
(2)  The option vests and becomes exercisable at the rate of 20% per year; the first increment (5,000 shares) became exercisable on July 6, 2001.
(3)  The option vests and becomes exercisable at the rate of 20% per year; the first increment (1,500 shares) becomes exercisable on November 26, 2002.

/s/  Lindsey Kenneth Parnell
Lindsey Kenneth Parnell
**Signature of Reporting Person 		 10-23-02
Date
   

*

 If the form is filed by more than one reporting person, see Instruction 5(b)(v).

**

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

Note:

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