SEC Form 4 · accession 0000914122-16-000070
Perma-Pipe International Holdings, Inc. · PPIH
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Karl J Schmidt
Officer — VP and CFO
Period of report
Jun 17, 2016
Accepted (ET)
Jun 21, 2016 · 7:03 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000914122
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common stock | Jun 17, 2016 | M | 2,998 | $7.60 | A | 40,795 | D | |
| Common stock | Jun 20, 2016 | M | 8,162 | $7.17 | A | 48,957 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted stockF3,F1,F2 | — | Jun 17, 2016 | F | 1,664 | D | — | — | Common stock | 1,664 | 87,512 | D |
| Restricted stockF4,F1,F2 | — | Jun 17, 2016 | M | 2,998 | D | — | — | Common stock | 2,998 | 84,514 | D |
| Restricted stockF3,F1,F5 | — | Jun 20, 2016 | F | 4,610 | D | — | — | Common stock | 4,610 | 79,904 | D |
| Restricted stockF4,F1,F5 | — | Jun 20, 2016 | M | 8,162 | D | — | — | Common stock | 8,162 | 71,742 | D |
Explanation of responses
- F1Each restricted stock represents a contingent right to receive one share of the issuer's common stock.
- F2restricted stock vested 6/17/2016
- F3The shares of common stock underlying the restricted stock reported as disposed herein were retained (but not issued) by the issuer in satisfaction of tax withholding obligations associated with the vesting of restricted stock
- F4The restricted stock reported as disposed herein were settled for shares of the issuer's stock.
- F5restricted stock vested 6/20/2016