WALLACE MILTON J 4
4 · IMPERIAL INDUSTRIES INC · Filed Aug 18, 2011
Insider Transaction Report
Form 4
WALLACE MILTON J
Director
Transactions
- Purchase
Common Stock
2011-08-16$0.66/sh+2,160$1,426→ 38,410 total
Holdings
- 1,250
RESTRICTED STOCK UNIT
Exercise: $3.66→ COMMON (1,250 underlying) - 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) - 3,000
STOCK OPTION
Exercise: $0.35From: 2011-07-24Exp: 2016-01-23→ 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.