John H. Batten - 31 Jul 2024 Form 4 Insider Report for TWIN DISC INC (TWIN)

Role
President and CEO, Director, 10%+ Owner
Signature
/s/ John H. Batten
Issuer symbol
TWIN
Transactions as of
31 Jul 2024
Net transactions value
+$484,075
Form type
4
Filing time
02 Aug 2024, 16:19:24 UTC
Previous filing
24 May 2024
Next filing
13 Aug 2025
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 $1,029,937 +72,710 +17% $14.16 500,288 31 Jul 2024 Direct F1
transaction TWIN COMMON STOCK Tax liability $545,862 -38,536 -7.7% $14.16 461,752 31 Jul 2024 Direct F2
holding TWIN COMMON STOCK 2,457 31 Jul 2024 401(k)
holding TWIN COMMON STOCK 195,019 31 Jul 2024 As Trustee F3
holding TWIN COMMON STOCK 221,156 31 Jul 2024 As Trustee F4
holding TWIN COMMON STOCK 115,456 31 Jul 2024 As Trustee F5
holding TWIN COMMON STOCK 114,976 31 Jul 2024 As Trustee F6
holding TWIN COMMON STOCK 106,744 31 Jul 2024 As Trustee F7
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Vesting of Performance Stock for no cash consideration pursuant to the Twin Disc, Incorporated 2018 Long-Term Incentive Compensation Plan as amended.
F2 Represents shares of common stock withheld by the issuer to satisfy tax obligations in connection with the vesting of performance stock granted to the Reporting Person pursuant to Rule 16b-3(d).
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 Vemet Batten Grantor Trust.