4//SEC Filing
ROONEY DANIEL 4
Accession 0001144204-17-053194
CIK 0000830616other
Filed
Oct 18, 8:00 PM ET
Accepted
Oct 19, 2:10 PM ET
Size
10.2 KB
Accession
0001144204-17-053194
Insider Transaction Report
Form 4
ROONEY DANIEL
DirectorCHAIR OF BOARD, CEO, PRESIDENT
Transactions
- Exercise/Conversion
Common stock, without par value
2017-10-18$0.84/sh+16,224$13,628→ 80,876 total - Tax Payment
Common stock, without par value
2017-10-18$1.35/sh−10,095$13,628→ 70,781 total - Exercise/Conversion
Stock option - Right to Buy
2017-10-18$0.84/sh−16,224$13,628→ 229,631 totalExercise: $0.84From: 2016-11-07Exp: 2024-11-06→ Common stock, without par value (16,224 underlying)
Footnotes (4)
- [F1]Reflects 10,095 shares withheld by the Issuer at the market price of $1.35 per share less an exercise price of $0.84 per share to fund the cashless exercise of 16,224 options.
- [F2]Stock options under the Issuer's 2006 Stock Option Plan. The option shares are fully vested.
- [F3]The transactions reported above in Table I reflect the cashless exercise of stock options. The cashless exercise for the options is reported in two lines. The first line of the cashless exercise transaction is coded M in column 3 of Table I and reports in column 4 the number of shares issuable upon exercise of the options had cash been paid to exercise the options, together with the exercise price with Code A for acquired. The line coded F in column 3 of Table I relates to the same cashless exercise on the preceding line and reports in Column 4 the number of shares deducted from the total number of shares issuable to pay for the cashless exercise of such options with Code D for disposed.
- [F4]Where the number of shares deducted for cashless exercise is a fraction, the number has been rounded to the nearest whole number of shares. The number of shares on a net basis actually owned by the Reporting Person after the cashless exercise of each option is the amount by which the first line for each cashless exercise exceeds the second line for the same cashless exercise. All transactions are exempt from Section 16(b) by reason of Rule 16b-3. The transactions reported in Table II above, reflect the disposition of the same stock options whose cashless exercise is disclosed in Table I above.
Documents
Issuer
SCI Engineered Materials, Inc.
CIK 0000830616
Entity typeother
Related Parties
1- filerCIK 0001216616
Filing Metadata
- Form type
- 4
- Filed
- Oct 18, 8:00 PM ET
- Accepted
- Oct 19, 2:10 PM ET
- Size
- 10.2 KB