Schmidt Jamie Michael 4
4 · SCHMITT INDUSTRIES INC · Filed Nov 30, 2020
Insider Transaction Report
Form 4
Schmidt Jamie Michael
Chief Financial Officer
Transactions
- Award
Common Stock
2020-01-14+18,000→ 25,777 total - Tax Payment
Common Stock
2020-07-31$4.43/sh−1,200$5,316→ 23,377 total - Tax Payment
Common Stock
2020-08-06$4.47/sh−1,200$5,364→ 22,177 total - Tax Payment
Common Stock
2020-08-28$4.61/sh−1,200$5,532→ 20,977 total - Tax Payment
Common Stock
2020-09-18$5.35/sh−1,200$6,420→ 18,577 total - Tax Payment
Common Stock
2020-07-28$4.38/sh−1,200$5,256→ 24,577 total - Tax Payment
Common Stock
2020-09-10$5.04/sh−1,200$6,048→ 19,777 total
Footnotes (7)
- [F1]Reflects the grant of 18,000 restricted stock units ("RSUs"), which vested in six tranches of 3,000 RSUs each based on the 15-day trading average closing price of the Issuer's common stock being greater than or equal to the target prices of $4.00, $4.20, $4.40, $4.60, $4.80, and $5.00.
- [F2]Transaction represents the withholding of shares, at the value of $4.38 per share, to satisfy the tax withholding obligations following the vesting of 3,000 RSUs on July 28, 2020.
- [F3]Transaction represents the withholding of shares, at the value of $4.43 per share, to satisfy the tax withholding obligations following the vesting of 3,000 RSUs on July 31, 2020.
- [F4]Transaction represents the withholding of shares, at the value of $4.47 per share, to satisfy the tax withholding obligations following the vesting of 3,000 RSUs on August 6, 2020.
- [F5]Transaction represents the withholding of shares, at the value of $4.61 per share, to satisfy the tax withholding obligations following the vesting of 3,000 RSUs on August 28, 2020.
- [F6]Transaction represents the withholding of shares, at the value of $5.04 per share, to satisfy the tax withholding obligations following the vesting of 3,000 RSUs on September 10, 2020.
- [F7]Transaction represents the withholding of shares, at the value of $5.35 per share, to satisfy the tax withholding obligations following the vesting of 3,000 RSUs on September 18, 2020.