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4//SEC Filing

TRBOVICH NICHOLAS JR 4

Accession 0001127201-13-000002

CIK 0000089140other

Filed

Apr 11, 8:00 PM ET

Accepted

Apr 12, 12:06 PM ET

Size

8.4 KB

Accession

0001127201-13-000002

Insider Transaction Report

Form 4
Period: 2013-04-02
TRBOVICH NICHOLAS JR
DirectorChief Operating Officer
Transactions
  • Exercise/Conversion

    Options (Right to Buy)

    2013-04-02+5,0000 total
    Exercise: $4.70Exp: 2015-12-29Common Stock (5,000 underlying)
  • Exercise/Conversion

    Common Stock

    2013-04-02$4.70/sh+5,000$23,50058,188 total
Holdings
  • Common Stock

    (indirect: By ESOT)
    88,738.98
Footnotes (3)
  • [F1]The Reporting person exercisedhis option to purchase the 5,000 shares of common stock reported herein and tendered payment on April 2, 2013. The Company has refused to issue the shares reported to the Reporting Person. Reporting Person maintains the options are validly exercised and that the share transfer is effective April 2, 2013.
  • [F2]As of the date hereof, includes 30,404 shares the Company has advised Reporting Person are allocated to Reporting Person's account under the Company's Employee stock Owernship Trust (the "ESOT") as well as shares allocated to the ESOT accounts of the Reporting Person's father, Dr. Nicholas Trbovich, and the Reporting Person's brothers, Michael Trbovich and Kenneth Trbovich, tha the Reporting Person is required to report pursuant to Rule 16a-8(b)(2). The Reporting Person disclaims beneficial ownership in in the 58,334.98 shares allocated to his family member's ESOT accounts. Reporting Person does not have access to the current holdings allocated to family members; the amounts reported are last know numbers;
  • [F3]All of the options are currently exercisable.

Issuer

SERVOTRONICS INC /DE/

CIK 0000089140

Entity typeother

Related Parties

1
  • filerCIK 0001127201

Filing Metadata

Form type
4
Filed
Apr 11, 8:00 PM ET
Accepted
Apr 12, 12:06 PM ET
Size
8.4 KB