SEC Form 4 · accession 0001213900-15-009644
SMITH MIDLAND CORP · SMID
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Wesley A Taylor
Officer — Vice President · Director
Period of report
Nov 30, 2015
Accepted (ET)
Dec 22, 2015 · 3:26 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000924719
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Nov 30, 2015 | M | 7,000 | $2.25 | A | 38,750 | D | |
| Common Stock | Nov 30, 2015 | M | 7,000 | $2.15 | A | 45,750 | D | |
| Common Stock | Nov 30, 2015 | M | 7,000 | $1.21 | A | 52,750 | D | |
| Common Stock | Nov 30, 2015 | S | 11,900 | $3.35 | D | 40,850 | D | |
| Common Stock | Nov 30, 2015 | S | 9,100 | $3.40 | D | 31,750 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Option (Right to Buy)F1 | $2.25 | Nov 30, 2015 | M | 7,000 | D | — | May 21, 2016 | Common Stock | 7,000 | 0 | D |
| Option (Right to Buy)F2 | $2.15 | Nov 30, 2015 | M | 7,000 | D | — | May 21, 2017 | Common Stock | 7,000 | 0 | D |
| Option (Right to Buy)F3 | $1.21 | Nov 30, 2015 | M | 7,000 | D | — | Jun 29, 2018 | Common Stock | 7,000 | 0 | D |
Explanation of responses
- F1Options became exercisable cumulatively to the extent of 1/3 of the number of underlying shares on each of May 22, 2007, 2008 and 2009.
- F2Options became exercisable cumulatively to the extent of 1/3 of the number of underlying shares on each of May 22, 2008, 2009 and 2010.
- F3Options became exercisable cumulatively to the extent of 1/3 of the number of underlying shares on each of June 30, 2009, 2010 and 2011.