4//SEC Filing
CARROLL WALLACE E JR 4
Accession 0001140361-07-019800
CIK 0000054681other
Filed
Oct 15, 8:00 PM ET
Accepted
Oct 16, 5:10 PM ET
Size
24.7 KB
Accession
0001140361-07-019800
Insider Transaction Report
Form 4
CARROLL WALLACE E JR
Director10% Owner
Transactions
- Award
Stock Appreciation Right
2007-05-31$1.10/sh+2,000$2,200→ 4,000 totalExercise: $1.10From: 2007-05-31Exp: 2017-05-31→ Common Stock (2,000 underlying)
Holdings
- 804,635(indirect: See Notes)
Common Stock
- 171,839
Common Stock
- 32,910(indirect: See Notes)
Common Stock
- 2,071,036(indirect: See Notes)
Common Stock
- 23,000
Option to purchase Common Stock
Exercise: $3.69From: 2005-05-26Exp: 2015-05-26→ Common Stock (23,000 underlying) - 4,212(indirect: See Note 3)
Common Stock
- 8,729(indirect: By Spouse)
Common Stock
Footnotes (8)
- [F1]The Reporting Person or members of his immediate family are beneficiaries of the Wallace E. and Lelia H. Carroll Trust U/A Dated 5/1/58 F/B/O Wallace E. Carroll, Jr. and his descendants (the "WEC Jr. '58 Trust"), the Lelia H. Carroll Trust U/A Dated 7/12/62 F/B/O Wallace E. Carroll, Jr. (the "WEC Jr. '62 Trust") and the Family Grandchildren Trust U/A dated 9/29/90 F/B/O the descendents of Wallace E. Carroll, Jr. (the "Family Trust") (collectively, the ?WEC Trusts?). The WEC Jr. '58 Trust, the WEC Jr. '62 Trust and the Family Trust directly beneficially own 603,000, 194,693 and 6,942 shares of the Issuer's outstanding common stock, respectively, for an aggregate of 804,635 shares (the ?Trust Shares?). The Reporting Person may be deemed to have an indirect pecuniary interest in the Trust Shares to the extent that he and/or the members of his immediate family living in the same household are beneficiaries of the WEC Trusts.
- [F2]CRL, Inc. ("CRL") directly beneficially owns 2,071,036 shares of the Issuer's outstanding common stock (the ?CRL Shares?) after giving effect to the transaction reported herein. As stockholders of CRL, the WEC Jr. '58 Trust and the Reporting Person may be deemed to indirectly beneficially own such Shares. The Reporting Person may be deemed to have an indirect pecuniary interest in the shares indirectly beneficially owned by the WEC Jr. '58 Trust through CRL to the extent that he and/or the members of his immediate family living in the same household are beneficiaries of that trust and as a stockholder of CRL.
- [F3]Common stock is held by the Katy Industries, Inc. Directors? Deferred Compensation Plan in a Rabbi Trust arrangement. 2,106 shares are held for the benefit of the Reporting Person, and 2,106 shares are held for the benefit of his spouse.
- [F4]As a stockholder of CRL, the Reporting Person may be deemed to have an indirect pecuniary interest in the CRL Shares (see Note 2).
- [F5]Members of the Reporting Person?s immediate family are beneficiaries of the WEC Trusts (see Note 1). The Reporting Person may be deemed to have an indirect pecuniary interest in the Trust Shares to the extent that members of her immediate family living in the same household are beneficiaries of the WEC Trusts.
- [F6]The Reporting Person may be deemed to have an indirect pecuniary interest in the CRL Shares to the extent that members of his immediate family living in the same household own CRL shares and are beneficiaries of the WEC Jr. '58 Trust (see Note 2).
- [F7]The exercisable date, conversion price and expiration date on the stock options represent information from the most recent grant, 5/26/05. The Reporting Person has received stock options from 1998 through 2005 with conversion prices ranging from $3.11 through $18.125.
- [F8]The Reporting Person is a trustee of the Wallace Foundation which holds 32,910 shares.
Documents
Issuer
KATY INDUSTRIES INC
CIK 0000054681
Entity typeother
Related Parties
1- filerCIK 0001192888
Filing Metadata
- Form type
- 4
- Filed
- Oct 15, 8:00 PM ET
- Accepted
- Oct 16, 5:10 PM ET
- Size
- 24.7 KB