John H. Batten - 24 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
24 Aug 2021
Net transactions value
-$111,980
Form type
4
Filing time
26 Aug 2021, 14:28:00 UTC
Previous filing
06 Aug 2021
Next filing
12 Aug 2022
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 +18,476 +6.9% $0.000000 286,828 24 Aug 2021 Direct F1
transaction TWIN Common Stock Tax liability $111,980 -8,684 -3% $12.90 278,144 24 Aug 2021 Direct F2
holding TWIN Common Stock 2,457 24 Aug 2021 401(k)
holding TWIN Common Stock 221,156 24 Aug 2021 As Trustee F3
holding TWIN Common Stock 221,155 24 Aug 2021 As Trustee F4
holding TWIN Common Stock 45,440 24 Aug 2021 As Trustee F5
holding TWIN Common Stock 44,960 24 Aug 2021 As Trustee F6
holding TWIN Common Stock 45,440 24 Aug 2021 As Trustee F7

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
holding TWIN Restricted Stock Units 20,952 24 Aug 2021 Common Stock 20,952 $0.000000 Direct
* 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.
F3 As trustee of Michael E. Batten Marital Trust
F4 As trustee of Michael E. Batten Family Trust
F5 As trustee of Elizabeth Batten Stribney Trust.
F6 As trustee of Timothy Michael Batten Trust.
F7 As trustee of Louise Vernet Batten Grantor Trust.