SEC Form 4 · accession 0001574276-18-000001
SCHMITT INDUSTRIES INC · SMIT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
David Hudson
Director
Period of report
Feb 27, 2018
Accepted (ET)
Mar 1, 2018 · 3:57 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000922612
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Feb 27, 2018 | S | 1,333 | $2.5732 | D | 0 | I | As custodian for minor son |
| Common Stock | Feb 27, 2018 | S | 2,666 | $2.5708 | D | 10,290 | D | |
| Common Stock | Feb 27, 2018 | S | 122 | $2.57 | D | 10,168 | D | |
| Common Stock | Feb 28, 2018 | S | 1,700 | $2.5601 | D | 8,468 | D | |
| Common Stock | Feb 28, 2018 | S | 5,000 | $2.5726 | D | 3,468 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1This transaction involved a sale 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 was the beneficial owner of these securities for the purpose of Section 16 of the Securities and Exchange Act of 1934 or any other purpose.