0001792066-19-000016.txt : 20191205
0001792066-19-000016.hdr.sgml : 20191205
20191205175125
ACCESSION NUMBER: 0001792066-19-000016
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20191203
FILED AS OF DATE: 20191205
DATE AS OF CHANGE: 20191205
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Zapata Michael R.
CENTRAL INDEX KEY: 0001758042
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-38964
FILM NUMBER: 191271291
MAIL ADDRESS:
STREET 1: 102 W. 87TH ST
STREET 2: #1S
CITY: NEW YORK
STATE: NY
ZIP: 10024
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: SCHMITT INDUSTRIES INC
CENTRAL INDEX KEY: 0000922612
STANDARD INDUSTRIAL CLASSIFICATION: INDUSTRIAL INSTRUMENTS FOR MEASUREMENT, DISPLAY, AND CONTROL [3823]
IRS NUMBER: 931151989
STATE OF INCORPORATION: OR
FISCAL YEAR END: 0531
BUSINESS ADDRESS:
STREET 1: 2765 NW NICOLAI ST
CITY: PORTLAND
STATE: OR
ZIP: 97210
BUSINESS PHONE: 5032277908
MAIL ADDRESS:
STREET 1: 2765 NW NICOLAI ST
CITY: PORTLAND
STATE: OR
ZIP: 97210
4
1
primary_doc.xml
PRIMARY DOCUMENT
X0306
4
2019-12-03
0
0000922612
SCHMITT INDUSTRIES INC
SMIT
0001758042
Zapata Michael R.
2765 NW NICOLAI STREET
PORTLAND
OR
97210
0
1
0
0
Chief Executive Officer
Common Stock
2019-12-05
4
M
0
6000
0
A
47777
D
Common Stock
2019-12-05
4
M
0
6000
0
D
2019-12-03
2022-12-03
Common Stock
6000
18000
D
Restricted Stock Units (RSUs) vested on December 3, 2019, pursuant to the terms of the Executive Chairman Agreement dated December 1, 2018.
Eight tranches of 6,000 RSUs vest if, prior to December 3, 2022, the 15 day trading average closing price of the Company's common stock is greater than or equal to the target price of $2.70, $2.90, $3.10, $3.30,$3.50, $3.70, $3.90, and $4.10.
Michael R Zapata
2019-12-05