0001792066-19-000021.txt : 20191220 0001792066-19-000021.hdr.sgml : 20191220 20191220122905 ACCESSION NUMBER: 0001792066-19-000021 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20191217 FILED AS OF DATE: 20191220 DATE AS OF CHANGE: 20191220 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: 191298834 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 2019-12-17 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 2019-12-17 4 P 0 123456 3.25 A 474235 I See footnote Common Stock 47777 D Common Stock 2028-12-24 Common Stock 0 18000 D Sententia Capital purchased 123,456 shares in a private transaction on December 17, 2019. Mr. Zapata, as the Managing Member of Sententia Capital, may be deemed the beneficial owner of the 474,235 shares owned by Sententia Capital. 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 2019-12-19