John H. Batten - Aug 24, 2021 Form 4 Insider Report for TWIN DISC INC (TWIN)

Role
CEO, Director, 10%+ Owner
Signature
/s/ John H. Batten
Stock symbol
TWIN
Transactions as of
Aug 24, 2021
Transactions value $
-$111,980
Form type
4
Date filed
8/26/2021, 02:28 PM
Previous filing
Aug 6, 2021
Next filing
Aug 12, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TWIN Common Stock Award $0 +18.5K +6.88% $0.00 287K Aug 24, 2021 Direct F1
transaction TWIN Common Stock Tax liability -$112K -8.68K -3.03% $12.90 278K Aug 24, 2021 Direct F2
holding TWIN Common Stock 2.46K Aug 24, 2021 401(k)
holding TWIN Common Stock 221K Aug 24, 2021 As Trustee F3
holding TWIN Common Stock 221K Aug 24, 2021 As Trustee F4
holding TWIN Common Stock 45.4K Aug 24, 2021 As Trustee F5
holding TWIN Common Stock 45K Aug 24, 2021 As Trustee F6
holding TWIN Common Stock 45.4K Aug 24, 2021 As Trustee F7

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
holding TWIN Restricted Stock Units 21K Aug 24, 2021 Common Stock 21K $0.00 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents shares of common stock acquired by the Reporting Person upon the vesting of restricted stock units granted pursuant to Rule 16b-3(d) plan.
F2 Represents shares of common stock withheld by the issuer to satisfy tax obligations in connection with the vesting of restricted stock units granted to the Reporting Person pursuant to Rule 16b-3(d) plan.
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 Vernet Batten Grantor Trust.