Dear Valued Visitor,

We have noticed that you are using an ad blocker software.

Although advertisements on the web pages may degrade your experience, our business certainly depends on them and we can only keep providing you high-quality research based articles as long as we can display ads on our pages.

To view this article, you can disable your ad blocker and refresh this page or simply login.

We only allow registered users to use ad blockers. You can sign up for free by clicking here or you can login if you are already a member.

Filing Details

Accession Number:
0001354488-11-002976
Form Type:
4
Zero Holdings:
No
Publication Time:
2011-08-18 15:45:01
Reporting Period:
2011-08-16
Filing Date:
2011-08-18
Filing Date Changed:
2011-08-18
Accepted Time:
2011-08-18 16:45:01
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 2011-08-16 2,160 $0.66 38,410 No 4 P Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 P Direct
Reported Derivative Holdings
Sec. Name Sec. Type Price Date Expiration Date Amount Remaning Holdings Nature of Ownership
Common RESTRICTED STOCK UNIT $3.66 1,250 1,250 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
Common STOCK OPTION $0.35 2011-07-24 2016-01-23 3,000 3,000 Direct
Expiration Date Amount Remaning Holdings Nature of Ownership
1,250 1,250 Direct
2013-10-19 5,000 5,000 Direct
2015-06-20 10,000 10,000 Direct
2016-01-23 3,000 3,000 Direct
Footnotes
  1. 12,500 Shares are owned jointly by Mr. Wallace and his wife Patricia Wallace.
  2. 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.
  3. Shares would be issued at time of vesting and would be fully vested and issued as of 11/27/2011.