Ellsworth Michael 4
4 · SCHMITT INDUSTRIES INC · Filed Sep 27, 2019
Insider Transaction Report
Form 4
Ellsworth Michael
Director
Transactions
- Award
Common Stock
2019-09-27+2,000→ 30,468 total - Exercise/Conversion
Common Stock (right to buy)
2019-02-27−25,000→ 0 totalExercise: $1.70From: 2017-04-12Exp: 2019-05-28→ Common Stock (25,000 underlying) - Exercise/Conversion
Common Stock
2019-02-27$1.70/sh+25,000$42,500→ 28,468 total
Footnotes (2)
- [F1]Pursuant to the terms of the Consulting Agreement dated November 26, 2018, Mr. Ellsworth was granted 2,000 restricted stock awards that vested immediately.
- [F2]As of the date of this transaction, Mr. Ellsworth held the following derivative securities: vested stock options to purchase 17,500 shares of common stock, which expired on May 28, 2019.