Tung Lillian 4
4 · SCHMITT INDUSTRIES INC · Filed Jan 18, 2022
Insider Transaction Report
Form 4
Tung Lillian
Director
Transactions
- Tax Payment
Common Stock
2022-01-14$5.15/sh−476$2,451→ 5,848 total - Award
Common Stock
2022-01-14+1,190→ 6,324 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 $5.15 per share, to satisfy the tax withholding obligations following the grant of 1,190 shares of stock on January 14, 2022.