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TWIN DISC INC — Director's Dealing 2012
Jul 30, 2012
33796_dirs_2012-07-30_5ba445e3-30e5-4f8e-9081-33a2d8827415.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: TWIN DISC INC (TWIN)
CIK: 0000100378
Period of Report: 2012-07-26
Reporting Person: BATTEN JOHN H (Director, President and COO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2012-07-26 | Common Stock | A | 22673 | — | Acquired | 80575 | Direct |
| 2012-07-26 | Common Stock | F | 10929 | $20.66 | Disposed | 69646 | Direct |
| 2012-07-26 | Common Stock | A | 12594 | $20.66 | Acquired | 82240 | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 2311.1562 | Indirect |
Footnotes
F1: Represents shares of common stock aquired by the Reporting Person upon the vesting of performance shares 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 performance shares granted to the Reporting Person pursuant to Rule 16b-3(d) plan.
F3: Award of Restricted Stock for no cash consideration pursuant to the Twin Disc, Incorporated 2010 Long Term Incentive Compensation Plan as amended. Grant will vest 100% in three years.