4//SEC Filing
TOROTEL INC 4
Accession 0001685225-16-000002
CIK 0000098752operating
Filed
Sep 28, 8:00 PM ET
Accepted
Sep 29, 9:43 AM ET
Size
5.1 KB
Accession
0001685225-16-000002
Insider Transaction Report
Form 4
TOROTEL INCTTLO
Hancock Heath
Chief Financial Officer
Transactions
- Award
Common Stock
2016-09-21+160,000→ 160,000 total
Footnotes (2)
- [F1]These shares are restricted securities and subject to certain conditions under a Restricted Stock Agreement dated September 21, 2016. These shares are subject to a risk of forfeiture and cannot be sold, donated, transferred or in any manner encumbered except in accordance with the terms of such agreement. Based upon the Corporation attaining certain financial goals during the five-year period ending April 30, 2021, as outlined in the agreement, the Restricted Shares shall be released from the restrictions and risk of forfeiture on September 21, 2021.
- [F2]Shares granted pursuant to a Restricted Stock Agreement.
Documents
Issuer
TOROTEL INC
CIK 0000098752
Entity typeoperating
IncorporatedMO
Related Parties
1- filerCIK 0000098752
Filing Metadata
- Form type
- 4
- Filed
- Sep 28, 8:00 PM ET
- Accepted
- Sep 29, 9:43 AM ET
- Size
- 5.1 KB