Form 4 for TWIN TWIN DISC INC
Accepted 2023-08-04 00:00:00 ET · period of report 2023-08-03 · accession 0001437749-23-022183 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| M | 2023-08-04 | 2023-08-03 | TWIN | Knutson Jeffrey Scott | CFO, VP Fin, Secr, Trea | A - Grant | $8.55 | +48.7K | 155.8K | +45% | +$416.4K |
| 2023-08-04 | 2023-08-03 | TWIN | Knutson Jeffrey Scott | CFO, VP Fin, Secr, Trea | F - Tax | $12.80 | -15.3K | 140.5K | -10% | -$195.7K |
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 | 2023-08-03 | A | A | 16,170 | $0.00 | 123,254 | D | — | — | (F1) Award of Restricted Stock for no cash consideration pursuant to the Twin Disc, Incorporated 2021 Long-Term Incentive Compensation Plan as amended. Grant will vest 100% on 8/3/2026 |
| 2 | Common | Common Stock | 2023-08-03 | F | D | 15,288 | $12.80 | 140,501 | D | — | — | (F3) Represents shares of common stock withheld by the issuer to satisfy tax obligations in connection with the vesting of performance stock granted to the Reporting Person pursuant to Rule 16b-3(d). |
| 3 | Common | Common Stock | 2023-08-03 | A | A | 32,535 | $12.80 | 155,789 | D | — | — | (F2) Vesting of Performance Stock for no cash consideration pursuant to the Twin Disc, Incorporated 2018 Long-Term Incentive Compensation Plan as amended. |