SEC Form 4 · accession 0001239944-16-000019
SERVOTRONICS INC /DE/ · SVT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Kenneth D Trbovich
Officer — President · Director
Period of report
Apr 11, 2016
Accepted (ET)
Apr 13, 2016 · 5:10 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000089140
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1,F2 | Apr 11, 2016 | A | 15,000 | — | A | 59,148 | D | |
| Common Stock | holding | — | — | — | 4,466 | I | By ESOT | |
| Common StockF3 | holding | — | — | — | 80,389 | I | As trustee of ESOT (shares allocated to accounts of the Reporting Person's family members) |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Award of restricted shares pursuant to the Company's 2012 Long-Term Incentive Plan. These restricted shares vest on January 1, 2018.
- F2As of the date hereof, the Reporting Person's direct beneficial ownership includes 30,000 restricted shares granted under the Company's 2012 Long-Term Incentive Plan that have not yet vested.
- F3As of the date hereof, includes shares allocated to the Employee Stock Ownership Trust (the "ESOT") accounts of the Reporting Person's father, Dr. Nicholas Trbovich, and the Reporting Person's brothers, Michael Trbovich and Nicholas Trbovich, Jr., that the Reporting Person is required to report pursuant to Rule 16a-8(b)(2). The Reporting Person disclaims beneficial interest in the shares allocated to his family members' ESOT accounts.