Trbovich Kenneth D 4
4 · SERVOTRONICS INC /DE/ · Filed Jan 5, 2021
Insider Transaction Report
Form 4
Trbovich Kenneth D
President
Transactions
- Tax Payment
Common Stock
2021-01-01$8.26/sh−5,891$48,660→ 89,135.5 total
Holdings
- 13,442.369(indirect: By ESOT)
Common Stock
- 61,898.727(indirect: By Trust)
Common Stock
Footnotes (3)
- [F1]On January 1, 2021, 15,000 restricted shares vested and the Reporting Person instructed the Company to withhold 5,891 shares to cover tax withholding obligations as permitted under the Company's 2012 Long-Term Incentive Plan.
- [F2]1,381 shares were distributed to the Reporting Person from the Employee Stock Ownership Trust (the "ESOT"). These distributions are exempt from Section 16 pursuant to Rule 16a-13.
- [F3]As of the date hereof, includes shares allocated to the ESOT accounts of the Reporting Person's family members 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.