Filing Details

Accession Number:
0001354488-11-001651
Form Type:
4
Zero Holdings:
No
Publication Time:
2011-05-20 08:23:55
Reporting Period:
2011-05-18
Filing Date:
2011-05-20
Accepted Time:
2011-05-20 08:23:55
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 1250
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 2011-05-18 2,500 $0.65 35,850 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.