Home/Filings/4/0001181431-12-009224
4//SEC Filing

Case David W 4

Accession 0001181431-12-009224

CIK 0000922612other

Filed

Feb 14, 7:00 PM ET

Accepted

Feb 15, 7:15 PM ET

Size

7.0 KB

Accession

0001181431-12-009224

Insider Transaction Report

Form 4
Period: 2012-02-14
Case David W
Vice President of Operations
Transactions
  • Exercise/Conversion

    Common Stock Option (Right to Buy)

    2012-02-148,3330 total
    Exercise: $1.20From: 2002-03-11Exp: 2012-03-11Common Stock (8,333 underlying)
  • Exercise/Conversion

    Common Stock

    2012-02-14$1.20/sh+8,333$10,00083,596 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 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
Feb 14, 7:00 PM ET
Accepted
Feb 15, 7:15 PM ET
Size
7.0 KB