MFRI INC 4
4 · MFRI INC · Filed Jun 21, 2016
Insider Transaction Report
Form 4
MFRI INCMFRI
MAUTNER BRADLEY E
DirectorPresident, COO
Transactions
- Exercise/Conversion
Common stock
2016-06-17$7.60/sh+4,966$37,742→ 388,096 total - Exercise/Conversion
Restricted stock
2016-06-20−13,602→ 107,424 total→ Common stock (13,602 underlying) - Exercise/Conversion
Common stock
2016-06-20$7.17/sh+13,602$97,526→ 401,698 total - Exercise/Conversion
Restricted stock
2016-06-17−4,966→ 128,710 total→ Common stock (4,966 underlying) - Tax Payment
Restricted stock
2016-06-20−7,684→ 121,026 total→ Common stock (7,684 underlying) - Tax Payment
Restricted stock
2016-06-17−2,804→ 133,676 total→ Common stock (2,804 underlying)
Footnotes (5)
- [F1]Each restricted stock represents a contingent right to receive one share of the issuer's common stock.
- [F2]restricted stock vested 6/17/2016
- [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.
- [F5]restricted stock vested 6/20/2016