Tung Lillian 4
4 · SCHMITT INDUSTRIES INC · Filed Oct 21, 2021
Insider Transaction Report
Form 4
Tung Lillian
Director
Transactions
- Tax Payment
Common Stock
2021-10-19$3.87/sh−607$2,349→ 5,134 total - Award
Common Stock
2021-10-19+1,518→ 5,741 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 $3.87 per share, to satisfy the tax withholding obligations following the grant of 1,518 shares of stock on October 19, 2021.