Hudson David 4
4 · SCHMITT INDUSTRIES INC · Filed Dec 19, 2017
Insider Transaction Report
Form 4
Hudson David
Director
Transactions
- Exercise of In-Money
Subscription Rights (right to buy)
2017-12-15−333→ 0 total(indirect: As custodian for minor son)Exercise: $2.50From: 2017-11-27Exp: 2017-12-20→ Common Stock (333 underlying) - Exercise of In-Money
Subscription Rights (right to buy)
2017-12-15−666→ 2,166 totalExercise: $2.50From: 2017-11-27Exp: 2017-12-20→ Common Stock (666 underlying) - Exercise of In-Money
Common Stock
2017-12-15$2.50/sh+333$833→ 1,333 total(indirect: As custodian for minor son) - Exercise of In-Money
Common Stock
2017-12-19$2.50/sh+2,166$5,415→ 11,332 total - Exercise of In-Money
Common Stock
2017-12-15$2.50/sh+666$1,665→ 9,166 total - Exercise of In-Money
Subscription Rights (right to buy)
2017-12-19−2,166→ 0 totalExercise: $2.50From: 2017-11-27Exp: 2017-12-20→ Common Stock (2,166 underlying)
Footnotes (1)
- [F1]This transaction involved a purchase of securities for the benefit of the reporting person's minor son and for whom the reporting person serves as a custodian. The reporting person disclaims ownership of these securities, and this report shall not be deemed an admission the reporting person is the beneficial owner of these securities for the purpose of Section 16 of the Securities and Exchange Act of 1934 or any other purpose.