Christopher M. Marks - May 14, 2021 Form 4 Insider Report for SERVOTRONICS INC /DE/ (SVT)

Role
Director
Signature
Michael C. Donlon, attorney-in-fact for Christopher M. Marks
Stock symbol
SVT
Transactions as of
May 14, 2021
Transactions value $
$0
Form type
4
Date filed
5/17/2021, 04:32 PM
Next filing
Aug 17, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SVT Common Stock Award +3.29K +56.11% 9.15K May 14, 2021 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 shares pursuant to the Company's Non-Employee Director Compensation Policy under the 2012 Long-Term Incentive Plan. These restricted shares will vest one-fourth on each of the regularly scheduled quarterly board meetings to review the financial statements for the quarters ending June 30, September 30 and December 31, 2021 and the remainder of which shall vest on the date of the 2022 annual meeting.