SIZEMORE RICHARD A 4
4 · TOROTEL INC · Filed Nov 25, 2020
Insider Transaction Report
Form 4
TOROTEL INCTTLO
SIZEMORE RICHARD A
Director
Transactions
- Disposition to Issuer
Common Stock
2020-11-10$6.17/sh−190,352$1,174,472→ 0 total - Disposition to Issuer
Common Stock
2020-11-10$6.17/sh−15,666$96,659→ 0 total(indirect: By Spouse) - Disposition to Issuer
Common Stock
2020-11-10$6.17/sh−16,844$103,927→ 0 total(indirect: By Trust)
Footnotes (2)
- [F1]On November 10, 2020, Torotel, Inc. ("Torotel") merged with and into Thunder Merger Sub, Inc. (the "Merger"). As a result of the Merger, Torotel's outstanding shares were converted into the right to receive cash. The reporting person is filing this Form 4 to report disposition of Torotel securities as a result of the Merger. The reporting person made no market sales or purchases in connection with the dispositions reported in this Form 4.
- [F2]These shares are held of record by the Reporting Person and his spouse as trustees of a trust established for their children.