Jeffrey S. Knutson - 02 Aug 2021 Form 4 Insider Report for TWIN DISC INC (TWIN)

Role
VP Finance, CFO, Secr & Trea
Signature
/s/Jeffrey S. Knutson
Issuer symbol
TWIN
Transactions as of
02 Aug 2021
Net transactions value
-$41,687
Form type
4
Filing time
03 Aug 2021, 15:43:09 UTC
Next filing
06 Aug 2021
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TWIN Common Stock Award $0 +6,060 +7.2% $0.000000 90,221 02 Aug 2021 Direct F1
transaction TWIN Common Stock Tax liability $41,687 -2,843 -3.2% $14.66 87,378 02 Aug 2021 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents shares of common stock acquired by the Reporting Person upon the vesting of restricted stock units granted pursuant to Rule 16b-3(d) plan.
F2 Represents shares of common stock withheld by the issuer to satisfy tax obligations in connection with the vesting of restricted stock units granted to the Reporting Person pursuant to Rule 16b-3(d) plan.