SCHMITT INDUSTRIES INC 4/A
4/A · SCHMITT INDUSTRIES INC · Filed Apr 21, 2017
Insider Transaction Report
Form 4/AAmended
Ellsworth Michael
Director
Transactions
- Award
Common Stock Option (Right to Buy)
2017-04-12+25,000→ 25,000 totalExercise: $1.70From: 2017-04-12Exp: 2027-04-12→ Common Stock (25,000 underlying)
Footnotes (2)
- [F1]The stock options vest in the following amounts on the following dates: 33% on April 12, 2017, 33% on April 12, 2018 and 34% on April 12, 2019.
- [F2]The sole purpose of this amendment is to report that the price of derivative security is $0.00 and not $1.70 as originally reported.