MFRI INC 4
4 · MFRI INC · Filed Feb 3, 2017
Insider Transaction Report
Form 4
MFRI INCMFRI
ELGENDY FATI A
Vice President
Transactions
- Exercise/Conversion
Common stock
2017-01-31$8.75/sh+2,226$19,478→ 63,276 total - Tax Payment
Restricted stock unit
2017-01-31−1,274→ 2,226 total→ Common stock (1,274 underlying) - Exercise/Conversion
Restricted stock unit
2017-01-31−2,226→ 0 total→ Common stock (2,226 underlying)
Footnotes (4)
- [F1]Each restricted stock unit represents a contingent right to receive one share of the issuer's common stock
- [F2]restricted stock unit vested 1/31/2017 because he retired
- [F3]The 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 unit
- [F4]The restricted stock unit reported as disposed herein were settled for shares of the issuer's stock