0001196395-11-000071.txt : 20110714
0001196395-11-000071.hdr.sgml : 20110714
20110714160913
ACCESSION NUMBER: 0001196395-11-000071
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20110712
FILED AS OF DATE: 20110714
DATE AS OF CHANGE: 20110714
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: TRBOVICH NICHOLAS JR
CENTRAL INDEX KEY: 0001127201
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-07109
FILM NUMBER: 11968145
MAIL ADDRESS:
STREET 1: 28 TANGLEWEED DR WEST
CITY: ORCHARD PARK
STATE: NY
ZIP: 14219
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
4
1
edgar.xml
PRIMARY DOCUMENT
X0303
4
2011-07-12
0000089140
SERVOTRONICS INC /DE/
SVT
0001127201
TRBOVICH NICHOLAS JR
1110 MAPLE STREET, P.O. BOX 300
ELMA
NY
14059-0300
1
1
0
0
President & COO
Common Stock
16188
D
Common Stock
88457.5
I
By ESOT
Options (Right to Buy)
4.38
2011-07-12
4
I
0
24000
4.585
D
2011-09-05
Common Stock
24000
0
D
Options (Right to Buy)
2.045
2013-04-10
Common Stock
27000
27000
D
Options (Right to Buy)
4.70
2015-12-29
Common Stock
15000
15000
D
As of the date hereof, includes 29,012.41 shares allocated to the reporting person's account under the Company's Employee Stock Ownership Trust (the "ESOT") as well as shares allocated to the ESOT accounts of the reporting person's father, Dr. Nicholas Trbovich, and the reporting person's brothers, Michael Trbovich and Kenneth Trbovich, that the reporting person is required to report pursuant to Rule 16a-8(b)(2). The reporting person disclaims beneficial interest in the 59,445.09 shares allocated to his family members' 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, Jr.
2011-07-14