Evan H. Wax - Jun 9, 2023 Form 4 Insider Report for SERVOTRONICS INC /DE/ (SVT)

Role
Director
Signature
Michael C. Donlon, attorney-in-fact for Evan H. Wax
Stock symbol
SVT
Transactions as of
Jun 9, 2023
Transactions value $
$25,005
Form type
4
Date filed
6/14/2023, 09:52 AM
Previous filing
Dec 9, 2022
Next filing
May 14, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SVT Common Stock Award $25K +2.08K +11.12% $12.01 20.8K Jun 9, 2023 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Grant of restricted stock as the annual stock retainer under the Servotronics, Inc. Non-Employee Director Compensation Program and the Company's 2022 Equity Incentive Plan. These shares of restricted stock vested one-fourth on the date of grant and will vest one-fourth on each of the regularly scheduled quarterly board meetings to review the financial statements for the quarters ending September 30 and December 31, 2023 and the remainder of which shall vest on the date of the 2024 annual meeting.