SEC Form 4 · accession 0001127602-18-024490
TWIN DISC INC · TWIN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Jeffrey Scott Knutson
Officer — VP Finance, CFO, Secr & Trea
Period of report
Jul 31, 2018
Accepted (ET)
Aug 2, 2018 · 5:25 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 | 4,065 | $26.19 | D | 48,142 | D | |
| Common StockF2 | Aug 1, 2018 | A | 1,674 | $0.00 | A | 49,816 | D | |
| Common StockF3 | Aug 1, 2018 | F | 781 | $25.575 | D | 49,035 | D |
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 stock acquired by the Reporting Person upon the vesting of performance shares granted pursuant to Rule 16b-3(d) plan.
- F3Represents shares of common stock withheld by the issuer to satisfy tax obligations in connection with the vesting of performance shares granted to the Reporting Person pursuant to Rule 16b-3(d) plan.