0001196395-11-000070.txt : 20110714
0001196395-11-000070.hdr.sgml : 20110714
20110714160810
ACCESSION NUMBER: 0001196395-11-000070
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20110712
FILED AS OF DATE: 20110714
DATE AS OF CHANGE: 20110714
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: SERVOTRONICS INC /DE/
CENTRAL INDEX KEY: 0000089140
STANDARD INDUSTRIAL CLASSIFICATION: CUTLERY, HANDTOOLS & GENERAL HARDWARE [3420]
IRS NUMBER: 160837866
STATE OF INCORPORATION: DE
FISCAL YEAR END: 0101
BUSINESS ADDRESS:
STREET 1: 1110 MAPLE ST
CITY: ELMA
STATE: NY
ZIP: 14059
BUSINESS PHONE: 7166335990
MAIL ADDRESS:
STREET 1: P O BOX 300
STREET 2: ELMA
STATE: NY
ZIP: 14059-0300
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: TRBOVICH NICHOLAS D DR
CENTRAL INDEX KEY: 0001221372
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-07109
FILM NUMBER: 11968142
MAIL ADDRESS:
STREET 1: 1110 MAPLE STREET
STREET 2: P.O. BOX 300
CITY: ELMA
STATE: NY
ZIP: 14059
4
1
edgar.xml
PRIMARY DOCUMENT
X0303
4
2011-07-12
0000089140
SERVOTRONICS INC /DE/
SVT
0001221372
TRBOVICH NICHOLAS D DR
1110 MAPLE STREET, P.O. BOX 300
ELMA
NY
14059-0300
1
1
1
0
Chairman and CEO
Common Stock
316939
D
Common Stock
88457.5
I
By ESOT
Options (Right to Buy)
4.38
2011-07-12
4
I
0
45000
4.585
D
2011-09-05
Common Stock
45000
0
D
Options (Right to Buy)
2.045
2013-04-10
Common Stock
50000
50000
D
Options (Right to Buy)
4.70
2015-12-29
Common Stock
25000
25000
D
Includes 1,294 shares 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.
As of the date hereof, includes 47,207.79 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.
Pursuant to the 2001 Long-Term Stock Incentive Plan, as amended, the reporting person elected to surrender these unexercised options to the Company in exchange for a cash payment equal to the difference between the exercise price and the average of the high and low market price of the Company's common stock on the day of surrender ($8.965) less an administrative charge.
All of the options are currently exercisable.
Nicholas D. Trbovich
2011-07-14