$PPIH·4

MFRI INC · Jun 15, 1:45 PM ET

MFRI INC 4

4 · MFRI INC · Filed Jun 15, 2007

Insider Transaction Report

Form 4
Period: 2007-06-14
ERVIN BILLY E
Vice President
Transactions
  • Sale

    Common Stock

    2007-06-14$27.20/sh15,000$408,0000 total
  • Exercise/Conversion

    Employee Stock Option (right to buy)

    2007-06-1411,7500 total
    Exercise: $3.12Exp: 2011-11-30Common Stock (11,750 underlying)
  • Exercise/Conversion

    Employee Stock Option (right to buy)

    2007-06-141,2500 total
    Exercise: $2.15Exp: 2012-05-31Common Stock (1,250 underlying)
  • Exercise/Conversion

    Common Stock

    2007-06-14$3.12/sh+11,750$36,66011,750 total
  • Exercise/Conversion

    Employee Stock Option (right to buy)

    2007-06-141,0000 total
    Exercise: $2.16Exp: 2013-05-31Common Stock (1,000 underlying)
  • Exercise/Conversion

    Common Stock

    2007-06-14$2.15/sh+1,250$2,68813,000 total
  • Exercise/Conversion

    Common Stock

    2007-06-14$2.16/sh+1,000$2,16014,000 total
Footnotes (3)
  • [F1]The options vested in four equal installments on December 31, 2002,2003,2004,2005
  • [F2]The options vested in four equal installments on June 27, 2003,2004,2005,2006
  • [F3]The options vested in four equal installments on June 26, 2004,2005,2006,2007

Documents

1 file
  • 4
    form4ervin061407_ex.xmlPrimary