4//SEC Filing
CASE WAYNE A 4
Accession 0001181431-12-011243
CIK 0000922612other
Filed
Feb 22, 7:00 PM ET
Accepted
Feb 23, 4:44 PM ET
Size
8.0 KB
Accession
0001181431-12-011243
Insider Transaction Report
Form 4
CASE WAYNE A
DirectorPresident and CEO
Transactions
- Exercise/Conversion
Common Stock Option (Right to Buy)
2012-02-21−20,000→ 0 total(indirect: By Spouse)Exercise: $2.30From: 2004-06-09Exp: 2014-06-09→ Common Stock (20,000 underlying) - Exercise/Conversion
Common Stock
2012-02-21$2.30/sh+20,000$46,000→ 96,119 total(indirect: By Spouse)
Holdings
- 14,138
Common Stock
Footnotes (2)
- [F1]These options vested in the following percentage amounts on the following dates: 50% on June 9, 2004; 16.67% on June 9, 2005; 16.67% on June 9, 2006; and 16.66% on June 9, 2007.
- [F2]The Reporting Person indirectly owns, through his spouse, the following derivative securities: vested options to purchase up to 7,500 shares of common stock that expire on May 31, 2021; and unvested options to purchase up to 7,500 shares of common stock that expire on May 31, 2021. The Reporting Person directly owns the following derivative securities: vested options to purchase up to 15,000 shares of common stock that expire on May 31, 2021; and unvested options to purchase up to 15,000 shares of common stock that expire on May 31, 2021.
Documents
Issuer
SCHMITT INDUSTRIES INC
CIK 0000922612
Entity typeother
IncorporatedOR
Related Parties
1- filerCIK 0001275543
Filing Metadata
- Form type
- 4
- Filed
- Feb 22, 7:00 PM ET
- Accepted
- Feb 23, 4:44 PM ET
- Size
- 8.0 KB