FITZHENRY JAMES A 4
4 · SCHMITT INDUSTRIES INC · Filed Jun 15, 2011
Insider Transaction Report
Form 4
FITZHENRY JAMES A
Executive Vice President
Transactions
- Award
Common Stock Option (Right to Buy)
2011-05-31+30,000→ 30,000 totalExercise: $3.65From: 2011-05-31Exp: 2021-05-31→ Common Stock (30,000 underlying)
Footnotes (2)
- [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.
- [F2]Mr. Fitzhenry also holds options to purchase 50,000 shares of common stock that expire on June 1, 2018.