MFRI INC 4
4 · MFRI INC · Filed Jul 2, 2014
Insider Transaction Report
Form 4
MFRI INCMFRI
BUCK STEPHEN C
Vice President
Transactions
- Exercise/Conversion
Common stock
2014-06-27$11.56/sh+905$10,462→ 905 total - Tax Payment
Restricted stock
2014-06-27−420→ 12,060 total→ Common stock (420 underlying) - Exercise/Conversion
Restricted stock
2014-06-27−905→ 11,155 total→ Common stock (905 underlying)
Footnotes (4)
- [F1]Each restricted stock represents a contingent right to receive one share of the issuer's common stock.
- [F2]50% of the restricted stock vested on 6/27/2014 and the remaining will vest 6/27/2015.
- [F3]The shares of common stock underlying the restricted stock reported as disposed herein were retained (but not issued) by the issuer in satisfaction of tax withholding obligations associated with the vesting of restricted stock.
- [F4]The restricted stock reported as disposed herein were settled for shares of the issuer's stock.