SHAFFER JAMES W 4
4 · KATY INDUSTRIES INC · Filed Apr 11, 2012
Insider Transaction Report
Form 4
KATY INDUSTRIES INCKATY.OB
SHAFFER JAMES W
VP, Treasurer and CFO
Transactions
- Disposition to Issuer
Option to purchase Common Stock
2011-03-28−125,000→ 0 totalExercise: $1.16From: 2009-10-27Exp: 2018-10-27→ Common Stock (125,000 underlying) - Disposition to Issuer
Stock Appreciation Rights
2011-03-28−20,000→ 0 totalExercise: $1.60From: 2011-03-12Exp: 2020-03-12→ Common Stock (20,000 underlying)
Footnotes (2)
- [F1]Stock options were cancelled by mutual agreement of the reporting person and Katy Industries, Inc. The reporting person became a participant in the Katy Industries, Inc. 2011 Change in Control Plan ("2011 CIC Plan") as consideration for the cancellation.
- [F2]Stock appreciation rights were cancelled by mutual agreement of the reporting person and Katy Industries, Inc. The reporting person became a participant in the 2011 CIC Plan as consideration for the cancellation.