SMITH MIDLAND CORP — Director's Dealing 2015

Dec 22, 2015

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: SMITH MIDLAND CORP (SMID)
CIK: 0000924719
Period of Report: 2015-11-30

Reporting Person: TAYLOR WESLEY A (Director, Vice President)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2015-11-30	Common Stock	M	7000	$2.25	Acquired	38750	Direct
2015-11-30	Common Stock	M	7000	$2.15	Acquired	45750	Direct
2015-11-30	Common Stock	M	7000	$1.21	Acquired	52750	Direct
2015-11-30	Common Stock	S	11900	$3.35	Disposed	40850	Direct
2015-11-30	Common Stock	S	9100	$3.40	Disposed	31750	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2015-11-30	Option (Right to Buy)	$2.25	M	7000	Disposed	2016-05-21	Common Stock (7000)	Direct
2015-11-30	Option (Right to Buy)	$2.15	M	7000	Disposed	2017-05-21	Common Stock (7000)	Direct
2015-11-30	Option (Right to Buy)	$1.21	M	7000	Disposed	2018-06-29	Common Stock (7000)	Direct

Footnotes

F1: Options became exercisable cumulatively to the extent of 1/3 of the number of underlying shares on each of May 22, 2007, 2008 and 2009.

F2: Options became exercisable cumulatively to the extent of 1/3 of the number of underlying shares on each of May 22, 2008, 2009 and 2010.

F3: Options became exercisable cumulatively to the extent of 1/3 of the number of underlying shares on each of June 30, 2009, 2010 and 2011.