Quick Takeaways
- This page summarizes Gerald S. Blaskie's Form 4 filing for SCI Engineered Materials, Inc. (SCIA).
- 3 reported transactions and 1 derivative row are listed below.
- Filing timestamp: 09 Jul 2024, 12:14.
Gerald S. Blaskie - 09 Jul 2024 Form 4 Insider Report for SCI Engineered Materials, Inc. (SCIA)
- Signature
- /s/ Gerald S Blaskie
- Issuer symbol
- SCIA
- Transactions as of
- 09 Jul 2024
- Net transactions value
- -$6,229
- Form type
- 4
- Filing time
- 09 Jul 2024, 12:14:21 UTC
- Previous filing
- 14 Feb 2024
- Next filing
- 08 May 2025
- SEC
- View on sec.gov
Quoteable Key Fact
"Gerald S. Blaskie filed Form 4 for SCI Engineered Materials, Inc. (SCIA) on 09 Jul 2024."
What Changed
- Previous filing in this sequence was filed on 14 Feb 2024.
- Current net transaction value: -$6,229.
Why This Matters
- This tells you what this filing adds before you inspect full transaction and derivative tables.
- You can trace every row back to the original SEC filing document.
Official SEC Source
Transactions Table
| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | SCIA.OB | Common stock, without par value | Options Exercise | $6,228 | +4,982 | +13% | $1.25* | 44,685 | 09 Jul 2024 | Direct | F3 |
| transaction | SCIA.OB | Common stock, without par value | Tax liability | $6,229 | -1,063 | -2.4% | $5.86 | 43,622 | 09 Jul 2024 | Direct | F1, F3 |
Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)
| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | SCIA.OB | Stock option - Right to Buy | Options Exercise | $6,228 | -4,982 | -100% | $1.25* | 0 | 09 Jul 2024 | Common Stock, without par value | 4,982 | $1.25 | Direct | F2, F4 |
* An asterisk sign (*) next to the price indicates that the price is likely invalid.
Explanation of Responses:
| Id | Content |
|---|---|
| F1 | Reflects 1,063 shares withheld by the Issuer at the market price of $5.86 per share less an exercise price of $1.25 per share to fund the cashless exercise of 4,982 options. |
| F2 | Stock options under the Issuer's 2011 Stock Option Plan. The option shares are fully vested. |
| F3 | The transactions reported above in Table I reflect the cashless exercise of stock options. The cashless exercise for the options is reported in two lines. The line coded M in column 3 of Table I report in column 4 the number of shares issuable upon exercise of the options had cash been paid to exercise the options, together with the exercise price with Code A for acquired. The line coded F in column 3 of Table I relates to the same cashless exercise on the preceding line and reports in Column 4 the number of shares deducted from the total number of shares issuable to pay for the cashless exercise of such options with Code D for disposed. |
| F4 | Where the number of shares deducted for cashless exercise is a fraction, the number has been rounded to the nearest whole number of shares. The number of shares on a net basis actually owned by the Reporting Person after the cashless exercise of each option is the amount by which the first line for each cashless exercise exceeds the second line for the same cashless exercise. All transactions are exempt from Section 16(b) by reason of Rule 16b-3. The transactions reported in Table II above, reflect the disposition of the same stock options whose cashless exercise is disclosed in Table I above. |