SMITH MIDLAND CORP — Director's Dealing 2016

Dec 12, 2016

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: SMITH MIDLAND CORP (SMID)
CIK: 0000924719
Period of Report: 2016-12-08

Reporting Person: SMITH ASHLEY B (Director, President)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2016-12-08	Common Stock	S	4000	$4.85	Disposed	142417	Direct
2016-12-08	Common Stock	S	2650	$4.80	Disposed	139767	Direct
2016-12-12	Common Stock	M	7000	$2.15	Acquired	139767	Direct
2016-12-12	Common Stock	M	14800	$1.21	Acquired	139767	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2016-12-12	Option (Right to Buy)	$2.15	M	7000	Acquired	2017-05-21	Common Stock (7000)	Direct
2016-12-12	Option (Right to Buy)	$1.21	M	14800	Acquired	2018-06-30	Common Stock (14800)	Direct

Footnotes

F1: 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.

F2: 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.