John H. Batten - 04 Aug 2021 Form 4 Insider Report for TWIN DISC INC (TWIN)

Role
CEO, Director, 10%+ Owner
Signature
/s/ John H. Batten
Issuer symbol
TWIN
Transactions as of
04 Aug 2021
Net transactions value
$0
Form type
4
Filing time
06 Aug 2021, 15:49:27 UTC
Next filing
26 Aug 2021
SEC
View on sec.gov

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction TWIN Restricted Stock Units Award $0 +20,952 $0.000000 20,952 04 Aug 2021 Common Stock 20,952 $0.000000 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted stock unit represents a contingent right to receive on share of Twin Disc Inc common stock.
F2 The restricted stock units will vest three years from the grant date if the Reporting Person is still employed by the issuer.