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TWIN DISC INC — Director's Dealing 2013
Jul 29, 2013
33796_dirs_2013-07-29_62b9493c-c8de-40b9-ad06-ed6f40245f37.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: 2013-07-25
Reporting Person: Knutson Jeffrey Scott (Corporate Controller)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2013-07-25 | Common Stock | A | 7344 | — | Acquired | 28544 | Direct |
| 2013-07-25 | Common Stock | F | 3236 | $25.45 | Disposed | 25308 | Direct |
| 2013-07-25 | Common Stock | A | 4168 | $25.54 | Acquired | 29476 | Direct |
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.