Sec Form 4 Filing - HINES ANDREWS P @ SCHMITT INDUSTRIES INC - 2020-04-14

FORM 4 Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940

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1. Name and Address of Reporting Person HINES ANDREWS P 2. Issuer Name and Ticker or Trading Symbol SCHMITT INDUSTRIES INC [ SMIT] 5. Relationship of Reporting Person(s) to Issuer (Check all applicable) X __ Director _____ 10% Owner _____ Officer (give title below) _____ Other (specify below) (Last) (First) (Middle) 2765 NW NICOLAI ST 3. Date of Earliest Transaction (MM/DD/YY) 04/14/2020 (Street) PORTLAND, OR97210 4. If Amendment, Date Original Filed (MM/DD/YY) 6. Individual or Joint/Group Filing (Check Applicable Line) __ X __ Form filed by One Reporting Person _____ Form filed by More than One Reporting Person (City) (State) (Zip)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned 1.Title of Security (Instr. 3) 2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4) Code V Amount (A) or (D) Price Common Stock 04/14/2020 A 2,188 ( 1 ) A $ 0 44,776 ( 2 ) D Common Stock 07/24/2020 M 3,000 ( 3 ) A $ 0 47,776 D Common Stock 07/29/2020 M 3,000 ( 4 ) A $ 0 50,776 D Common Stock 08/28/2020 A 1,318 ( 1 ) A $ 0 52,094 D Common Stock 10/27/2020 A 12,111 ( 1 ) A $ 0 53,305 D Common Stock 07/04/2020 A 10,000 ( 5 ) A $ 0 10,000 I See footnote ( 6 ) Common Stock 10/05/2020 A 5,779 ( 7 ) A $ 0 15,779 I See footnote ( 6 )

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned ( e.g. , puts, calls, warrants, options, convertible securities) 1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4, and 5) 6. Date Exercisable and Expiration Date (MM/DD/YY) 7. Title and Amount of Underlying Securities (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4) Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares RSUs ( 8 ) 07/24/2020 M 3,000 ( 3 ) ( 3 ) Common Stock 3,000 $ 0 3,000 D RSUs ( 8 ) 07/29/2020 M 3,000 ( 4 ) ( 4 ) Common Stock 3,000 $ 0 0 D

Reporting Owners Reporting Owner Name / Address Relationships Director 10% Owner Officer Other HINES ANDREWS P 2765 NW NICOLAI ST PORTLAND, OR97210 X Signatures /s/Andrew P. Hines 12/02/2020 Signature of Reporting Person Date

Explanation of Responses:

( 1 )On the Transaction Date, the Reporting Person was granted the immediately vested shares as compensation for service on the Issuer's board of directors. ( 2 )The Reporting Person's Form 4 filed on March 2, 2020 contained an error in the amount of securities benefically owned after the transaction reported. The current Form 4 reflects a correction to the amount of securities beneficially owned. ( 3 )One tranche of 3,000 restricted stock units ("RSUs") vested based on the 15-day trading average closing price of the Issuer's common stock being greater than or equal to $3.90. ( 4 )One tranche of 3,000 RSUs vested based on the 15-day trading average closing price of the Issuer's common stock being greater than or equal to $4.10. ( 5 )The transaction reflects the grant of 10,000 restricted stock units which vest in December 2020. ( 6 )Reported securities held by the Reporting Person's spouse. ( 7 )On the Transaction Date, the Reporting Person's spouse was granted the immediately vested shares as compensation for service to the Issuer. ( 8 )Each RSU represents a contingent right to receive one share of the Issuer's common stock.

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.

* If the form is filed by more than one reporting person, see Instruction 4(b)(v).

** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).

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