Home/Filings/4/0001181431-11-060000
4//SEC Filing

Case David W 4

Accession 0001181431-11-060000

CIK 0000922612other

Filed

Dec 11, 7:00 PM ET

Accepted

Dec 12, 8:32 PM ET

Size

7.0 KB

Accession

0001181431-11-060000

Insider Transaction Report

Form 4
Period: 2011-11-28
Case David W
Vice President of Operations
Transactions
  • Exercise/Conversion

    Common Stock Option (Right to Buy)

    2011-11-2825,0008,333 total
    Exercise: $1.20From: 2002-03-11Exp: 2012-03-11Common Stock (25,000 underlying)
  • Exercise/Conversion

    Common Stock

    2011-11-28$1.20/sh+25,000$30,00075,263 total
Footnotes (2)
  • [F1]These options vested in the following amounts on the following dates: 50,000 on March 11, 2002; 16,667 on March 11, 2003; 16,667 on March 11, 2004; and 16,666 on March 11, 2005.
  • [F2]The Reporting Person also holds the following derivative securities: vested stock options to purchase 25,000 shares of common stock that expire on June 9, 2014; and stock options (50% of which have vested) to purchase 25,000 shares of common stock that expire on May 31, 2021.

Documents

1 file

Issuer

SCHMITT INDUSTRIES INC

CIK 0000922612

Entity typeother

Related Parties

1
  • filerCIK 0001290942

Filing Metadata

Form type
4
Filed
Dec 11, 7:00 PM ET
Accepted
Dec 12, 8:32 PM ET
Size
7.0 KB