Filing Details
- Accession Number:
- 0001354488-10-002986
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2010-09-24 17:56:12
- Reporting Period:
- 2010-09-22
- Filing Date:
- 2010-09-24
- Accepted Time:
- 2010-09-24 17:56:12
- SEC Url:
- Form 4 Filing
Issuer
| Cik | Name | Symbol | Sector (SIC) | IRS No |
|---|---|---|---|---|
| 49930 | Imperial Industries Inc | IPII | Abrasive, Asbestos & Misc Nonmetallic Mineral Prods (3290) | 650854631 |
Insiders
| Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
|---|---|---|---|---|---|---|---|
| 1257729 | J Milton Wallace | 1111 Brickell Avenue Suite 2150 Miami FL 33131 | Yes | No | No | No |
Reported Non-Derivative Transactions
| Sec. Name | Acquisiton - Disposition | Date | Amount | Price | Remaning Holdings | Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|---|---|---|---|---|---|
| Common Stock | Acquisiton | 2010-09-22 | 5,321 | $0.26 | 30,721 | No | 4 | P | Direct | |
| Common Stock | Acquisiton | 2010-09-24 | 1,379 | $0.35 | 32,100 | No | 4 | P | Direct |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | P | Direct | |
| No | 4 | P | Direct |
Reported Derivative Holdings
| Sec. Name | Sec. Type | Price | Date | Expiration Date | Amount | Remaning Holdings | Nature of Ownership |
|---|---|---|---|---|---|---|---|
| Common | Stock Option | $0.41 | 2006-06-21 | 2010-12-20 | 3,000 | 3,000 | Direct |
| Common | Restricted Stock Option | $3.66 | 2,500 | 2,500 | Direct | ||
| Common | Stock Option | $0.79 | 2009-04-20 | 2013-10-19 | 5,000 | 5,000 | Direct |
| Common | Stock Option | $0.41 | 2010-12-21 | 2015-06-20 | 10,000 | 10,000 | Direct |
| Expiration Date | Amount | Remaning Holdings | Nature of Ownership |
|---|---|---|---|
| 2010-12-20 | 3,000 | 3,000 | Direct |
| 2,500 | 2,500 | Direct | |
| 2013-10-19 | 5,000 | 5,000 | Direct |
| 2015-06-20 | 10,000 | 10,000 | Direct |
Footnotes
- 12,500 Shares are owned jointly by Mr. Wallace and his wife Patricia Wallace.
- Restricted Stock Units were: (a) granted pursuant to the Company?s 2006 Stock Award and Incentive Plan; and (b) vest 25% on each anniversary date of the grant.
- Shares would be issued at time of vesting and would be fully vested and issued as of 11/27/2011.
Billionaire Hedge Funds
