MFRI INC 4
4 · MFRI INC · Filed Feb 3, 2017
Insider Transaction Report
Form 4
MFRI INCMFRI
MAUTNER BRADLEY E
DirectorPresident, COO
Transactions
- Exercise/Conversion
Restricted stock unit
2017-01-31−9,029→ 0 total→ Common stock (9,029 underlying) - Tax Payment
Restricted stock unit
2017-01-31−5,845→ 9,029 total→ Common stock (5,845 underlying) - Award
Deferred Stock Units
2017-02-01+4,575→ 4,575 totalExercise: $8.74→ Common stock (4,575 underlying) - Exercise/Conversion
Common stock
2017-01-31$8.75/sh+9,029$79,004→ 410,527 total
Footnotes (5)
- [F1]Each restricted stock unit represents a contingent right to receive one share of the issuer's common stock
- [F2]restricted stock unit vested 1/31/2017
- [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 unit
- [F4]The restricted stock unit reported as disposed herein were settled for shares of the issuer's stock
- [F5]Deferred Share Units are payable to the reporting person in Common Stock on a one-for-one basis, upon separation of service as a member of the Board