Michael R. Zapata - 19 Oct 2021 Form 4 Insider Report for SCHMITT INDUSTRIES INC (SMIT)

Role
Chief Executive Officer
Signature
/s/Michael R Zapata
Issuer symbol
SMIT
Transactions as of
19 Oct 2021
Net transactions value
$0
Form type
4
Filing time
21 Oct 2021, 16:06:28 UTC
Previous filing
04 Aug 2021
Next filing
18 Jan 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SMIT Common Stock Award $0 +1,938 +3.1% $0.000000 63,805 19 Oct 2021 Direct F1
holding SMIT Common Stock 474,235 19 Oct 2021 See footnote F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On the Transaction Date, the Reporting Person was granted the immediately vested shares as compensation for service on the Issuer's board of directors.
F2 Mr. Zapata, as the Managing Member of Sententia Capital, may be deemed the beneficial owner of the 474,235 shares owned by Sententia Capital.