Zapata Michael R. 4
4 · SCHMITT INDUSTRIES INC · Filed Jan 18, 2022
Insider Transaction Report
Form 4
Zapata Michael R.
Director
Transactions
- Award
Common Stock
2022-01-14+1,457→ 65,262 total - Tax Payment
Common Stock
2022-01-14$5.15/sh−583$3,002→ 64,679 total
Holdings
- 474,235(indirect: See footnote)
Common Stock
Footnotes (3)
- [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 1,457 shares of stock on January 14, 2022.
- [F3]Mr. Zapata, as the Managing Member of Sententia Capital, may be deemed the beneficial owner of the 474,235 shares owned by Sententia Capital.