Tung Lillian 4
4 · SCHMITT INDUSTRIES INC · Filed Jan 19, 2021
Insider Transaction Report
Form 4
Tung Lillian
Director
Transactions
- Award
Common Stock
2021-01-14+1,086→ 3,503 total - Tax Payment
Common Stock
2021-01-14$5.41/sh−434$2,348→ 3,069 total
Footnotes (2)
- [F1]On the Transaction Date, the Reporting Person was granted the immediately vested shares as compensation for service on the Issuer's board of directors.
- [F2]Transaction represents the withholding of shares, at the value of $5.41 per share, to satisfy the tax withholding obligations following the grant of 1,086 shares of stock on January 14, 2021.