4//SEC Filing
SERVOTRONICS INC /DE/ 4
Accession 0001196395-11-000086
CIK 0000089140operating
Filed
Nov 2, 8:00 PM ET
Accepted
Nov 3, 2:53 PM ET
Size
11.2 KB
Accession
0001196395-11-000086
Insider Transaction Report
Form 4
TRBOVICH NICHOLAS D DR
DirectorChairman, President, CEO10% Owner
Transactions
- Exercise/Conversion
Common Stock
2011-11-01$2.04/sh+50,000$102,250→ 369,061 total - Tax Payment
Common Stock
2011-11-01$8.26/sh−6,000$49,560→ 363,061 total - Exercise/Conversion
Options (Right to Buy)
2011-11-01−50,000→ 0 totalExercise: $2.04Exp: 2013-04-10→ Common Stock (50,000 underlying)
Holdings
- 86,335.5(indirect: By ESOT)
Common Stock
- 25,000
Options (Right to Buy)
Exercise: $4.70Exp: 2015-12-29→ Common Stock (25,000 underlying)
Footnotes (4)
- [F1]2,122 shares were distributed to the Reporting Person from his account under the Company's Employee Stock Ownership Trust (the "ESOT") since the reporting person's last Section 16 report.
- [F2]In connection with the exercise of certain stock options, the Reporting Person elected to have the Company withhold shares to satisfy the Company's tax withholding obligation as permitted under the Company's 2001 Long-Term Stock Incentive Plan.
- [F3]As of the date hereof, includes 45,085.79 shares allocated to the reporting person's account under the ESOT as well as shares allocated to the ESOT accounts of Nicholas Trbovich, Jr., Michael Trbovich and Kenneth Trbovich, children of the reporting person, that the reporting person is required to report pursuant to Rule 16a-8(b)(2). The reporting person disclaims beneficial interest in the 41,249.71 shares allocated to his children's ESOT accounts.
- [F4]All of the options are currently exercisable.
Documents
Issuer
SERVOTRONICS INC /DE/
CIK 0000089140
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0000089140
Filing Metadata
- Form type
- 4
- Filed
- Nov 2, 8:00 PM ET
- Accepted
- Nov 3, 2:53 PM ET
- Size
- 11.2 KB