Germany Transit Visa - H1B/F1 visa

[satvik]

Hi

I have a F1 visa stamped on my passport - which says expiry date: some date in 2014

But legally speaking I am not in F1 visa right now & have a H1b visa. But it is not stamped on my passport.

I am travelling to India this weekend from USA : Washington DC -> Frankfurt -> Mumbai

Do I need a transit visa for Frankfurt?

Will my F1 visa be counted as a valid USA Visa?
PLEASE REPLY AS SOON AS POSSIBLE. Coz I need to rebook my tickets if I need transit visa.

Thanks

[tpatil]

Did you find out if we need transit visa in the mentioned situation?

Hi, I am in the same situation as mentioned in the post.
Can you please share your updated knowledge on the issue?