Form 4 for TWIN TWIN DISC INC
Accepted 2022-08-08 00:00:00 ET · period of report 2022-08-03 · accession 0001437749-22-019416 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2022-08-08 | 2022-08-03 | TWIN | BATTEN JOHN H | Pres, CEO, Dir, 10% | A - Grant | $8.29 | +48.3K | 326.4K | +17% | +$400.0K |
| D | 2022-08-08 | 2022-08-03 | TWIN | BATTEN JOHN H | Pres, CEO, Dir, 10% | A - Grant | $0.00 | +72.4K | 72.4K | New | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock | 2022-08-03 | A | A | 48,251 | $8.29 | 326,395 | D | — | — | (F1) Award of Restricted Stock for no cash consideration pursuant to Twin Disc, Incorporated 2021 Long-Term Incentive Compensation Plan as amended. Grant will vest 100% on 8/3/2025. |
| 2 | Derivative | Restricted Stock Units | 2022-08-03 | A | A | 72,376 | $0.00 | 72,376 | D | $0.00 · 2025-08-03 to 2025-08-03 | 72,376 Common Stock | (F7) Award of Restricted Stock Units for no cash consideration pursuant to Twin Disc, Incorporated 2021 Long-Term Incentive Compensation Plan. Grant will vest 100% on 8/3/2025. (F8) Each restricted stock unit represents a contingent right to receive one share of Twin Disc Inc. common stock, subject to adjustment based on achievement of performance objectives. The maximum number of shares issuable under this award is 144,752. |