4//SEC Filing
Case Linda M 4
Accession 0001181431-11-036803
CIK 0000922612other
Filed
Jun 14, 8:00 PM ET
Accepted
Jun 15, 6:05 PM ET
Size
8.0 KB
Accession
0001181431-11-036803
Insider Transaction Report
Form 4
Case Linda M
Secretary
Transactions
- Award
Common Stock Option (Right to Buy)
2011-05-31+15,000→ 15,000 totalExercise: $3.65From: 2011-05-31Exp: 2021-05-31→ Common Stock (15,000 underlying) - Award
Common Stock Option (Right to Buy)
2011-05-31+30,000→ 30,000 total(indirect: By Spouse)Exercise: $3.65From: 2011-05-31Exp: 2021-05-31→ Common Stock (30,000 underlying)
Footnotes (3)
- [F1]The options vest in the following amounts on the following dates: 50% on May 31, 2011; 16.67% on May 31, 2012; 16.67% on May 31, 2013; and 16.66% on May 31, 2014; provided, however, that upon Ms. Case's retirement all of the unvested options, which are subject to this grant, will vest regardless of the date.
- [F2]Ms. Case also holds options to purchase 20,000 shares of common stock that expire on June 9, 2014.
- [F3]The options vest in the following amounts on the following dates: 50% on May 31, 2011; 16.67% on May 31, 2012; 16.67% on May 31, 2013; and 16.66% on May 31, 2014; provided, however, that upon the retirement of Ms. Case's spouse all of the unvested options held by him, which are subject to this grant, will vest regardless of the date.
Documents
Issuer
SCHMITT INDUSTRIES INC
CIK 0000922612
Entity typeother
Related Parties
1- filerCIK 0001290941
Filing Metadata
- Form type
- 4
- Filed
- Jun 14, 8:00 PM ET
- Accepted
- Jun 15, 6:05 PM ET
- Size
- 8.0 KB