SCHMIDT KARL J (VP and CFO) sold 15.5% of their position (13.42K shares) of PERMA-PIPE INTERNATIONAL HOLDINGS, INC. on the open market

Open‑market sale worth $121.1K — a significant reduction. Review remaining holdings and any 10b5‑1 plan disclosures.

S · 1 sale

SCHMIDT KARL J

Filed: 6/27/2018ACC: 0000914122-18-000052

InsiderSCHMIDT KARL JCIK 1202469

→

IssuerPERMA-PIPE INTERNATIONAL HOLDINGS, INC.CIK 914122

Officer· VP and CFO

Since Jun 2018

-13.42K

Net shares

Net seller

$121.1K

Total sold

Open market trades

0B · 1S

Total transactions

43.01K acquired · 56.44K disposed

Non-Derivative Transactions5

Common Stock

Direct

M · Option Exercise

+7.29K

Price / share

$9.55

Trade value

$69.60K

% of position

16.8%

6/27/2018

43.31K→50.60K

Common Stock

Direct

M · Option Exercise

+11.98K

Price / share

$9.79

Trade value

$117.26K

% of position

23.7%

6/27/2018

50.60K→62.58K

Common Stock

Direct

M · Option Exercise

+12.77K

Price / share

$9.70

Trade value

$123.90K

% of position

20.4%

6/27/2018

62.58K→75.35K

Common Stock

Direct

M · Option Exercise

+10.97K

Price / share

$9.45

Trade value

$103.71K

% of position

14.6%

6/27/2018

75.35K→86.33K

Common Stock

Direct

S · Sale

−13.42K

Price / share

$9.03

Trade value

$121.13K

% of position

15.5%

6/27/2018

86.33K→72.91K

Total

Net shares

+29.59K

Net value

$293.34K

Security	Date	Type	Shares	Price / Share	Trade Value	% of Position	Held Before	Held After
Common Stock Direct	6/27/2018	M · Option Exercise	+7.29K	$9.55	$69.60K	16.8%	43.31K	50.60K
Common Stock Direct	6/27/2018	M · Option Exercise	+11.98K	$9.79	$117.26K	23.7%	50.60K	62.58K
Common Stock Direct	6/27/2018	M · Option Exercise	+12.77K	$9.70	$123.90K	20.4%	62.58K	75.35K
Common Stock Direct	6/27/2018	M · Option Exercise	+10.97K	$9.45	$103.71K	14.6%	75.35K	86.33K
Common Stock Direct	6/27/2018	S · Sale	−13.42K	$9.03	$121.13K	15.5%	86.33K	72.91K
Total			+29.59K		$293.34K

Derivative Transactions4

Restricted Shares

Direct

M · Option Exercise

Converts to

Restricted Shares

7.29K shares

−7.29K

Strike price

Held after

96.36K

Exercisable

—

6/27/2018

Restricted Shares

Direct

M · Option Exercise

Converts to

Restricted Shares

11.98K shares

−11.98K

Strike price

Held after

84.38K

Exercisable

—

6/27/2018

Restricted Shares

Direct

M · Option Exercise

Converts to

Restricted Shares

12.77K shares

−12.77K

Strike price

Held after

71.61K

Exercisable

—

6/27/2018

Restricted Shares

Direct

M · Option Exercise

Converts to

Restricted Shares

10.97K shares

−10.97K

Strike price

Held after

60.63K

Exercisable

—

6/27/2018

Security	Converts To	Date	Type	Shares	Exercisable	Held After
Restricted Shares Direct	Restricted Shares7.29K shares	6/27/2018	M · Option Exercise	−7.29K	—	96.36K
Restricted Shares Direct	Restricted Shares11.98K shares	6/27/2018	M · Option Exercise	−11.98K	—	84.38K
Restricted Shares Direct	Restricted Shares12.77K shares	6/27/2018	M · Option Exercise	−12.77K	—	71.61K
Restricted Shares Direct	Restricted Shares10.97K shares	6/27/2018	M · Option Exercise	−10.97K	—	60.63K