4//SEC Filing
ROONEY DANIEL 4
Accession 0001144204-18-063308
CIK 0000830616other
Filed
Dec 5, 7:00 PM ET
Accepted
Dec 6, 11:02 AM ET
Size
10.2 KB
Accession
0001144204-18-063308
Insider Transaction Report
Form 4
ROONEY DANIEL
DirectorCHAIR OF BOARD, CEO, PRESIDENT
Transactions
- Tax Payment
Common stock, without par value
2018-12-05$3.20/sh−2,520$8,064→ 80,361 total - Exercise/Conversion
Common stock, without par value
2018-12-05$0.84/sh+9,600$8,064→ 82,881 total - Exercise/Conversion
Stock option - Right to Buy
2018-12-05$0.84/sh−9,600$8,064→ 197,737 totalExercise: $0.84From: 2017-11-07Exp: 2024-11-06→ Common stock, without par value (9,600 underlying)
Footnotes (4)
- [F1]Reflects 2,520 shares withheld by the Issuer at the market price of $3.20 per share less an exercise price of $0.84 per share to fund the cashless exercise of 9,600 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
- Dec 5, 7:00 PM ET
- Accepted
- Dec 6, 11:02 AM ET
- Size
- 10.2 KB