Jeffrey S. Knutson - Aug 4, 2024 Form 4 Insider Report for TWIN DISC INC (TWIN)

Role
VP Finance, CFO, Secr & Trea
Signature
/s/ Jeffrey S. Knutson
Stock symbol
TWIN
Transactions as of
Aug 4, 2024
Transactions value $
$84,087
Form type
4
Date filed
8/6/2024, 04:22 PM
Previous filing
Aug 2, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TWIN COMMON STOCK Award $159K +12.6K +8.73% $12.62 157K Aug 4, 2024 Direct F1
transaction TWIN COMMON STOCK Tax liability -$74.6K -5.91K -3.77% $12.62 151K Aug 4, 2024 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Vesting of Restricted Stock Units 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).