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
Original Submission Date:
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
Common Stock Acquisiton 2011-08-16 2,160 $0.66 38,410
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 P Direct
Reported Derivative Holdings
Sec. Name Sec. Type Price Date
Common RESTRICTED STOCK UNIT $3.66
Common STOCK OPTION $0.79 2009-04-20
Common STOCK OPTION $0.41 2010-12-21
Common STOCK OPTION $0.35 2011-07-24
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.
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