WALLACE MILTON J 4
4 · IMPERIAL INDUSTRIES INC · Filed Sep 24, 2010
Insider Transaction Report
Form 4
WALLACE MILTON J
Director
Transactions
- Purchase
Common Stock
2010-09-24$0.35/sh+1,379$483→ 32,100 total - Purchase
Common Stock
2010-09-22$0.26/sh+5,321$1,383→ 30,721 total
Holdings
- 5,000
Stock Option
Exercise: $0.79From: 2009-04-20Exp: 2013-10-19→ Common (5,000 underlying) - 10,000
Stock Option
Exercise: $0.41From: 2010-12-21Exp: 2015-06-20→ Common (10,000 underlying) - 2,500
Restricted Stock Option
Exercise: $3.66→ Common (2,500 underlying) - 3,000
Stock Option
Exercise: $0.41From: 2006-06-21Exp: 2010-12-20→ Common (3,000 underlying)
Footnotes (3)
- [F1]12,500 Shares are owned jointly by Mr. Wallace and his wife Patricia Wallace.
- [F2]Restricted Stock Units were: (a) granted pursuant to the Company?s 2006 Stock Award and Incentive Plan; and (b) vest 25% on each anniversary date of the grant.
- [F3]Shares would be issued at time of vesting and would be fully vested and issued as of 11/27/2011.