Michael R. Zapata - 12 Oct 2022 Form 4 Insider Report for SCHMITT INDUSTRIES INC (SMIT)

Role
Chief Executive Officer, Director
Signature
/s/Michael R Zapata
Issuer symbol
SMIT
Transactions as of
12 Oct 2022
Net transactions value
$0
Form type
4
Filing time
17 Oct 2022, 16:41:26 UTC
Previous filing
22 Sep 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 +3,788 +5.8% $0.000000 69,392 12 Oct 2022 Direct F1
holding SMIT Common Stock 474,235 12 Oct 2022 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.