Form 4 for TWIN TWIN DISC INC
Accepted 2023-08-04 00:00:00 ET · period of report 2023-08-03 · accession 0001437749-23-022184 · 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 | BATTEN JOHN H | Pres, CEO, Dir, 10% | A - Grant | $9.82 | +141.4K | 461.5K | +44% | +$1.39M |
| 2023-08-04 | 2023-08-03 | TWIN | BATTEN JOHN H | Pres, CEO, Dir, 10% | F - Tax | $12.80 | -51.0K | 410.5K | -11% | -$652.4K |
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 | 32,933 | $0.00 | 353,010 | 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 | A | A | 108,448 | $12.80 | 461,458 | D | — | — | (F2) Vesting of Performance Stock for no cash consideration pursuant to the Twin Disc, Incorporated 2018 Long-Term Incentive Compensation Plan as amended. |
| 3 | Common | Common Stock | 2023-08-03 | F | D | 50,971 | $12.80 | 410,487 | 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). |