BATTEN MICHAEL E 4
4 · TWIN DISC INC · Filed Jul 5, 2012
Insider Transaction Report
Form 4
TWIN DISC INCTWIN
BATTEN MICHAEL E
DirectorChairman and CEO10% Owner
Transactions
- Sale
Common Stock
2012-07-02$18.52/sh−17,000$314,925→ 442,172 total - Exercise/Conversion
Stock Options
2012-07-02−32,000→ 0 totalExercise: $3.61From: 2002-08-02Exp: 2012-08-02→ Common Stock (32,000 underlying) - Exercise/Conversion
Common Stock
2012-07-02$3.61/sh+32,000$115,600→ 459,172 total
Holdings
- 10,400(indirect: Beneficial Ownership)
Common Stock
- 605,954(indirect: By Trust)
Common Stock
- 1,092.213(indirect: By 401(k))
Common Stock
Footnotes (3)
- [F1]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $18.40 to $18.70. The reporting person undertakes to provide to Twin Disc, Incorporated, any security holder of Twin Disc, Incorporated, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote to this Form 4.
- [F2]As Trustee for Trusts for members of immediate family; Reporting person is also Trustee for Trusts of non-immediate family members holding 1,531,786 shares of common stock, for which Section 16 reporting is not required.
- [F3]Stock owned by spouse, Gloria S. Batten