Home/Filings/4/0001181431-12-007478
4//SEC Filing

Brown Maynard E 4

Accession 0001181431-12-007478

CIK 0000922612other

Filed

Feb 8, 7:00 PM ET

Accepted

Feb 9, 6:43 PM ET

Size

7.0 KB

Accession

0001181431-12-007478

Insider Transaction Report

Form 4
Period: 2012-02-07
Transactions
  • Exercise/Conversion

    Common Stock Option (Right to Buy)

    2012-02-076940 total
    Exercise: $1.20From: 2002-03-11Exp: 2012-03-11Common Stock (694 underlying)
  • Exercise/Conversion

    Common Stock

    2012-02-07$1.20/sh+694$833694 total
Footnotes (2)
  • [F1]These options vested in the following amounts on the following dates: 50% on March 11, 2002; 16.67% on March 11, 2003; 16.67% on March 11, 2004; and 16.66% on March 11, 2005.
  • [F2]The Reporting Person also owns the following derivative securities: vested common stock options to purchase up to 2,500 shares of common stock that expire June 9, 2014; vested common stock options to purchase up to 5,000 shares of common stock that expire May 31, 2021; and unvested common stock options to purchase up to 5,000 shares of common stock that expire May 31, 2021.

Documents

1 file

Issuer

SCHMITT INDUSTRIES INC

CIK 0000922612

Entity typeother

Related Parties

1
  • filerCIK 0001300184

Filing Metadata

Form type
4
Filed
Feb 8, 7:00 PM ET
Accepted
Feb 9, 6:43 PM ET
Size
7.0 KB