SERVOTRONICS INC /DE/ 4
4 · SERVOTRONICS INC /DE/ · Filed Jan 4, 2017
Insider Transaction Report
Form 4
Trbovich Kenneth D
President
Transactions
- Tax Payment
Common Stock
2017-01-01$9.97/sh−6,147$61,286→ 53,001 total
Holdings
- 4,465.73(indirect: By ESOT)
Common Stock
- 78,688.443(indirect: By Trust)
Common Stock
Footnotes (3)
- [F1]On January 1, 2017, 15,000 restricted shares vested and the Reporting Person instructed the Company to withhold 6,147 shares to cover tax withholding obligations as permitted under the Company's 2012 Long-Term Incentive Plan.
- [F2]As of the date hereof, the Reporting Person's direct beneficial ownership includes 15,000 restricted shares granted under the Company's 2012 Long-Term Incentive Plan that have not yet vested.
- [F3]As of the date hereof, includes shares allocated to the Employee Stock Ownership Trust (the "ESOT") accounts of the Reporting Person's father, Dr. Nicholas Trbovich, and the Reporting Person's brothers, Michael Trbovich and Nicholas Trbovich, Jr., that the Reporting Person is required to report pursuant to Rule 16a-8(b)(2). The Reporting Person disclaims beneficial interest in the shares allocated to his family members' ESOT accounts.