SEC Form 4 · accession 0001127602-18-024467
TWIN DISC INC · TWIN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
John H Batten
Officer — President and CEO · Director · 10% Owner
Period of report
Jul 31, 2018
Accepted (ET)
Aug 2, 2018 · 5:07 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000100378
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Jul 31, 2018 | F | 9,644 | $26.19 | D | 179,283 | D | |
| Common StockF2 | Aug 1, 2018 | A | 3,972 | $0.00 | A | 183,255 | D | |
| Common StockF3 | Aug 1, 2018 | F | 1,867 | $25.575 | D | 181,388 | D | |
| Common Stock | holding | — | — | — | 2,457 | I | 401(k) | |
| Common StockF4 | holding | — | — | — | 221,156 | I | As Trustee | |
| Common StockF5 | holding | — | — | — | 221,155 | I | As Trustee | |
| Common StockF6 | holding | — | — | — | 45,440 | I | As Trustee | |
| Common StockF7 | holding | — | — | — | 44,960 | I | As Trustee | |
| Common StockF8 | holding | — | — | — | 45,440 | I | As Trustee |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Shares surrendered to Company to satisfy tax withholding obligation upon vesting of restricted stock granted on 7/31/15.
- F2Represents shares of common shares acquired by the Reporting Person upon the vesting of performance shares granted pursuant to Rule 16b-3(d) plan.
- F3Represents shares of withheld by the issuer to satisfy tax obligation in connection with the vesting of performance shares granted to the Reporting Person pursuant to Rule 16b-3(d) plan.
- F4As trustee of Michael E. Batten Marital Trust
- F5As trustee of Michael E. Batten Family Trust
- F6As trustee of Elizabeth Batten Stribney Trust.
- F7As trustee of Timothy Michael Batten Trust.
- F8As trustee of Louise Vernet Batten Grantor Trust.